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INCOME STATEMENT - statement to determine profitability...

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INCOME STATEMENT The income statement  is the report that measures the success of company operations for a given period of time. (It is also often called the statement of income or statement of earnings. 1 ) The business and investment community uses the income
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Unformatted text preview: statement to determine profitability, investment value, and creditworthiness. It provides investors and creditors with information that helps them predict the amounts , timing , and uncertainty of future cash flows ....
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