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The Income Statement reports $1550.000 as a final result, which means that The company has $1550.000 in cash to invest The business gave a profit

The Income Statement reports $1550.000 as a final result, which means that

  1. The company has $1550.000 in cash to invest

  2. The business gave a profit of $1550.000

  3. There are $1000.000 in profits and $550.000 in cash flow

  4. The shareholders are going to receive $1550.000

  5. none

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