Week 7 reflective writing prompt: How do the balance sheet, income statement and statement of cash flows each present a different view of the financial well-being of the firm? What were your takeaways from reviewing Tesla’s balance sheet? What else would you like to reflect on this week?

How do the balance sheet , Income statement,Cash flows each present a different view of well being of the firm is very much clear from the types of the information each one show .For explanation

Balance Sheet: Balance sheet of a firm represents tha assets, Liabilities , Equity or debt occupied by the company It provides a snapshot of the company's position at a specific point of time.It helps the investors by providing a better understanding of the financial position.

Income Statement: It shows the business performance via reflecting its revenues ,expenses and profits .It gives a picture of what the performance has been during a given period

Cash flow Statement: It reflects the movement of cash during the year. It shows the how profit flows from one transaction to other.

A view of the Tesla's balance sheet shows that the company has shown the fabulous returns .It could remain profitable in coming few years.