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UESTION 19 Which of the following questions can be answered from a properly prepared statement of cash flows at fiscal year-end? How was net income

UESTION 19

Which of the following questions can be answered from a properly prepared statement of cash flows at fiscal year-end?

How was net income generated?

Does the business have any seasonal cash needs?

How was the need for financing created?

What is the impact of sales growth during the next year?

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