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The statement of cash flows: Multiple Choice Presents the financial position of a company at a point in time. Indicates if a company is profitable.

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The statement of cash flows: Multiple Choice Presents the financial position of a company at a point in time. Indicates if a company is profitable. Shows the net change in cash over a period of time. Reports the difference between revenues and expenses. Knowledge Check 01 Catalina Corporation begins the year with a $195,000 balance in Retained Earnings and a $320,000 balance in Common Stock Dung the year, the company generated net income of $46,000, issued additional common stock for $28,000, and paid a dividend of 5 000 Wht is total stockholders' equity at the end of the year? Mutiple Choice $515,000 $594 000 $589,000 $594,000

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