Write a brief journal introducing the business you chose for your Project Two assignment.Specifically, you must address the following rubric criteria:Business Selection: Provide a description of the business you chose, including the business name and what it offers consumers.Financial Statements: Using Mergent Online, provide a copy of the balance sheet, the income statement, and the cash flow statement for your chosen business from the most recent fiscal quarter.Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine their current financial health.Cash Flow Management: Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an example to support your claims.Guidelines for SubmissionYour journal submission should be a 3- to 4-paragraph Word document with 12-point Times New Roman font, double spacing, and one-inch margins. Any sources should be cited according to APA style. You will also need to submit the Excel files for your chosen business’s balance sheet, income statement, and cash flow statement from Mergent Online.Module Two Journal RubricCriteriaProficient (100%)Needs Improvement (70%)Not Complete (0%)ValueBusiness SelectionProvides a description of the business chosen, including the business name and what the business offers consumersShows progress toward proficiency, but with errors or omissions; areas for improvement may include providing a more complete description of the business chosen, such as the business name or what it offers consumersDoes not attempt criterion15Financial StatementsProvides a copy of the balance sheet, the income statement, and the cash flow statement for the chosen business from the most recent fiscal quarterShows progress toward proficiency, but with errors or omissions; areas for improvement may include providing a copy of all three required financial statements for the chosen business from the most recent fiscal quarterDoes not attempt criterion15Financial Statement RoleExplains why financial statements are important to a business and how they help businesses determine their current financial healthShows progress toward proficiency, but with errors or omissions; areas for improvement may include explaining in further detail why financial statements are important to a business and how they help businesses determine their current financial healthDoes not attempt criterion25Cash Flow ManagementDescribes why cash flow management is important to a business and its financial health, using a recent financial news story to support the claimsShows progress toward proficiency, but with errors or omissions; areas for improvement may include a more complete description of why cash flow management is important to a business and its financial health or using a recent financial news story to better support the claimsDoes not attempt criterion25Articulation of ResponseClearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purposeShows progress toward proficiency, but with errors in grammar, sentence structure, and spelling, negatively impacting readabilitySubmission has critical errors in grammar, sentence structure, and spelling, preventing understanding of ideas20Total: 100%