If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful? A. Statement of owners' equity B. Cash flow statement C.

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asked May 11, 2021 155k views

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If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?

A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement

Business
high-school

Michael Fredrickson asked

by Michael Fredrickson

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2 Answers

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Answer:

D. income statement

Step-by-step explanation:

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Ralokt answered May 14, 2021

by Ralokt

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4 votes

Answer:

The answer is D. Income statement

Step-by-step explanation:

JustinKSU answered May 17, 2021

by JustinKSU

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