Which statement is more usefulthe income statement or the statement of cash flows?

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Which statement is more useful—the income statement or the statement of cash flows?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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Question Posted: Mar 26, 2014 09:12 AM

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Which statement is more usefulthe income statement or the statement of cash flows?

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The statements are equally useful The income statement ...View the full answer

Principles of Accounting

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