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The income statement reveals a.resources and equities of a firm at a point in time. b.resources and equities of a firm for a period of

The income statement reveals

a.resources and equities of a firm at a point in time.

b.resources and equities of a firm for a period of time.

c.net earnings (net income) of a firm at a point in time.

d.net earnings (net income) of a firm for a period of time.

e.sources and uses of cash of a firm for a period of time.

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