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The conceptual model for the statement of cash flows is based on which of the following equations? A. Cash Flows = Operating Activities + Financing

The conceptual model for the statement of cash flows is based on which of the following equations?

A. Cash Flows = Operating Activities + Financing Activities - Investing Activities

B. Net Income = Revenues - Expenses + Gains - Losses

C. Assets = Liabilities + Equity

D. Change in Retained Earnings = Net Income - Dividends

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