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Why is a profit and loss statement important? Group of answer choices It shows managers the day - to - day business expenses. It helps
Why is a profit and loss statement important?
Group of answer choices
It shows managers the daytoday business expenses.
It helps managers make revenue generating and cost cutting decisions.
It helps managers determine where to invest the company's profits.
It helps managers evaluate the costs for developing new products and procedures.
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Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
15th edition
1337272124, 978-1337515504, 1337515507, 978-1337272155, 978-1337272124
