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Which the most likely use of an income statement

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Reference no: EM132656259

Problem 1: The most likely use of an income statement prepared by a business enterprise is for investors and creditors to

A : All of the choices are correct.

B : evaluate the company's profitability and performance.

C : predict the company's future performance.

D : assess whether future cash inflows will occur.

Reference no: EM132656259

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