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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' equi…

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' equi…
asked 180k views
4 votes
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

asked
User Ramo
by
7.7k points

2 Answers

4 votes

Answer:

D

Step-by-step explanation:

answered
User Pyae Sone
by
7.7k points
3 votes

Answer:

The answer would be D. Income Statement!

Step-by-step explanation:

answered
User Veverke
by
8.2k points
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