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O $ 550,000 5. One of the following is considered of usefulness of the income statement: * (2 Points) Evaluating the past performance of the

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O $ 550,000 5. One of the following is considered of usefulness of the income statement: * (2 Points) Evaluating the past performance of the company O Providing a basis for predicting future performance O All of the above are considered of usefulness of the income statement O None of the above are considered of usefulness of the income statement O Assessing the risk of achieving future cash flow

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