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    Rennie's Avatar
    Rennie Posts: 11, Reputation: 1
    New Member
     
    #1

    Jul 16, 2007, 02:43 PM
    Accounting Statement
    Which accounting statement best addresses the fact that a firm that's profitable on paper can be forced into bankruptcy?

    a. Statement of cash flows
    b. Balance Sheet
    c. Income Statement
    d. Depreciation Schedule
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #2

    Jul 16, 2007, 03:07 PM
    Please refer to THIS ANNOUNCEMENT

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