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Which of the following statements is CORRECT? Assets other than cash are expected to produce cash over time, and the amounts of cash they eventually
Which of the following statements is CORRECT?
Assets other than cash are expected to produce cash over time, and the amounts of cash they eventually produce should exactly the same as the amounts at which the assets are carried on the books.
The primary reason the annual report is important in finance is that it is used by investors when they form expectations ab firm's future earnings and dividends and the riskiness of those cash flows.
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