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Your uncle Joe has called you. He says he has his annual financial report from XYZ Company and wants to find the bottom line. Where

  1. Your uncle Joe has called you. He says he has his annual financial report from XYZ Company and wants to find the bottom line. Where do you tell him to look?

    A.

    Statement of Cash Flows

    B.

    Statement of Changes in Retained Earnings

    C.

    Statement of Financial Condition

    D.

    Profit and Loss Statement (P&L)

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