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A Financial Statement Is A(n) ________

Question 3

Multiple Choice

A financial statement is a(n) ________.


A) set of ratios which depict relationships between a firm's financial items
B) estimate of a firm's future income and expenses
C) hybrid statement of cash flows
D) itemized forecast of a company's income, expenses, and capital needs
E) written report that quantitatively describes a firm's financial health

Correct Answer:

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