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A classified balance sheet Multiple Choice Measures a company's ability to pay its bills on time Organizes assets and liobilities into important subgroups Presents revenues,

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A classified balance sheet Multiple Choice Measures a company's ability to pay its bills on time Organizes assets and liobilities into important subgroups Presents revenues, expenses, and profit Shows operating, investing, and financing activities Shows the effect of profit and withdrawals on owner's capital

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