Which of the following financial statements would disclose a company's short term and long term debt obligations?

The Balance Sheet is the financial statement that discloses a company's short-term and long-term debt obligations. On a Balance Sheet, liabilities are categorized into two main sections: current liabilities and long-term liabilities. Current liabilities include obligations that are due within one year, such as accounts payable and short-term loans, while long-term liabilities consist of debts that extend beyond one year, like bonds payable and long-term loans.

This information is crucial for stakeholders, as it provides insights into the company’s financial leverage and its ability to meet financial obligations. Understanding the liabilities on a Balance Sheet helps investors and creditors assess the risk and financial stability of the business.

In contrast, an Income Statement focuses on the company's revenues and expenses over a specific period, providing insights into profitability rather than liabilities. The Cash Flow Statement tracks the inflow and outflow of cash, detailing how cash is generated and used, without breaking down specific debt obligations. The Retained Earnings Statement focuses exclusively on the changes in retained earnings during a period, showing how profit is distributed or retained, but it does not present debt details. Thus, the Balance Sheet is the correct answer for revealing a company’s debt obligations.