Part 1. Explain in 3-4 sentences In what ways does the balance sheet reflect th

Part 1. Explain in 3-4 sentences
In what ways does the balance sheet reflect the health of a business, and in what ways does it not?
Part 2. In 2-3 sentences respond to this discussion
  A balance sheet can help reflect the health of a business because at any point it can show you your assets, liabilities, and stockholders’ equity. This can help you see where your company is in relation to the financial goals that are set forth for it. You can also see if there is a discrepancy between your company’s cash flow from operations as well as income. This can reduce the risk of any potential setbacks that the business may have.