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QUESTION 27 Connie's Cakes wants to find out how much cash the company brought in this year. Which is the best financial statement to

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QUESTION 27 Connie's Cakes wants to find out how much cash the company brought in this year. Which is the best financial statement to find this information? O Balance sheet O Income statement O Statement of cash flows O Statement of financial position QUESTION 28 Which of the following is NOT indicated by evaluating a firm's statement of cash flows? O How much cash is on hand to pay a firm's bills O How much cash is available to pay dividends to stockholders O Decisions related to a firm's future investments and financing needs O How reported dollar values for assets, habilities, and owners' equity look in a specified period of time

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