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Author Question: Which of the financial statements used by businesses to keep track of their financial affairs is the ... (Read 56 times)

dalyningkenk

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on: Jul 6, 2018
Which of the financial statements used by businesses to keep track of their financial affairs is the most similar to an ordinary person's end-of-the month bank statement?
 
  A) Income statement
  B) Balance sheet
  C) Statement of cash flows
  D) Statement of ratio analysis
  E) Statement of owners' equity

Question 2

A firm's ________ is its current assets divided by its current debt.
 
  A) working share
  B) present share
  C) working capital
  D) owners' equity
  E) current ratio


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Eazy416

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Reply #1 on: Jul 6, 2018
Answer to Question 1

C

Answer to Question 2

E


dalyningkenk

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

AmberC1996

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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