"What is the best we can achieve?" This is an example of a question that can be asked to articulate the left-brained side of a vision statement

The promotion mix is influenced by the distribution structure employed for the product

Indicate whether the statement is true or false

How would it be easier to determine if a firm made or lost money last year-by looking at the balance sheet or by looking at the income statement? Support your answer by explaining in general terms what accounts a balance sheet lists and what accounts an income statement lists