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Which financial statement would you analyze to determine if a company distributed any of its profits to its shareholders? a.Statement of cash flows b.Balance sheet

Which financial statement would you analyze to determine if a company distributed any of its profits to its shareholders?

a.Statement of cash flows

b.Balance sheet

c.Income statement

d.Statement of retained earnings

Which one of the following items appears on a balance sheet?

a.Cost of goods sold

b.Utilities expense

c.Accounts payable

d.Sales revenue

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