The bottom line of the Collins Corporation's income statement is equal to the net worth of the firm.

Name: The bottom line of the Collins Corporation's income statement is equal to the net worth of the firm.
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The bottom line of an income statement represents the net income or profit of a company, which is not necessarily equivalent to its net worth. Net worth takes into account assets, liabilities, and shareholder equity, and is reported on the balance sheet.

The Bottom Line of the Collins Corporation's Income Statement Is