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19. Although a companys earnings are important in financial statement analysis, with respect to credit evaluations and lending decisions an analysis of its cash flows

19. Although a companys earnings are important in financial statement analysis, with respect to credit evaluations and lending decisions an analysis of its cash flows is:

Multiple Choice

a. required by banking regulations.

b. optional.

c. only important if the company has a high debt/equity ratio.

d. central.

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