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What is the purpose of the balance sheet? A. To calculate the margins a company earns on its products or services. B. To determine a

What is the purpose of the balance sheet?

  • A. To calculate the margins a company earns on its products or services.

  • B. To determine a companys financial strength.

  • C. To see how much cash a company has invested in buying assets during a period.

  • D. To detect whether a company is making money.

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