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An income statement: Select one: A. Reports the results of operations for a period B. Reports on the events causing a change in stockholders' equity during a period C. Presents a firm's assets, liabilities, and stockholders' equity on a given date D. Reports cash inflows and outflows during a period E. None of the above

Respuesta :

It should be noted that an income statement A. Reports the results of operations for a period.

What is an income statement?

An income statement simply means the financial statement which shows the income and expenditure of a company.

An income statement reports the results of operations for a period. It's important to know how the company is doing financially.

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