The four major financial statements of a corporation consist of the
A) income statement, balance sheet, statement of cash flows, and statement of changes in shareholders' equity.
B) balance sheet, statement of cash flows, statement of retained earnings, and income statement.
C) income statement, statement of cash flows, statement of financial flexibility, and balance sheet.
D) statement of cash flows, balance sheet, income statement, and statement of capital equity.
Correct Answer:
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