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You are considering investing in the stock of Mogul Corporation. On which of the following statements would you find information about what a company has
- You are considering investing in the stock of Mogul Corporation. On which of the following statements would you find information about what a company has to help it generate revenue in the future and what the company owes to others?
- Income statement
- Statement of retained earnings
- Balance sheet
- Statement of cash flows
Can you please explain why the answer is Statement of Retained Earnings?
I assumed it was income statement since it has to do with a company's gains and loses.
Please advise
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