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The balance sheet contributes to financial reporting by providing a basis for all of the following except a. computing rates of return. b. evaluating the

The balance sheet contributes to financial reporting by providing a basis for all of the following except

a. computing rates of return.

b. evaluating the capital structure of the enterprise.

c. determining the increase in cash due to operations.

d. assessing the liquidity and financial flexibility of the enterprise.

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