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Question completion Status: QUESTTUN TZ Which of the following statements about income statement is NOT true? O. Net income goes to cash dividend and additions
Question completion Status: QUESTTUN TZ Which of the following statements about income statement is NOT true? O. Net income goes to cash dividend and additions to retained earnings. o It usually covers a period of time, such a year or a quarter. Net income represents the actual cash flow that the firm generates over this time period. O Net income divided by total number of shares outstanding is the earnings per share
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