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1.Which part of the annual report would you read if you were interested in prospects for the future? A. The statement of cash flow B.

1.Which part of the annual report would you read if you were interested in prospects for the future?

A. The statement of cash flow

B. Management's Discussion and Analysis

C. The balance sheet

2.Which one of the following would likely result in a going concern disclosure?

A. A net loss on the most current income statement

B. Liabilities exceed assets

C. Sales ate rising faster than the company can fulfill them

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