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The "bottom line" of an income statement shows the firm's: (Points : 3) Retained earnings. Gross profit. Net income or net loss. Owners' equity
Question
Asked 10/6/2012 2:38:42 PM
Updated 8/8/2015 7:34:25 PM
1 Answer/Comment
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Flagged by matahari [8/8/2015 7:34:25 PM]
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User: The "bottom line" of an income statement shows the firm's: (Points : 3) Retained earnings. Gross profit. Net income or net loss. Owners' equity

Weegy: Net Income!
mxs|Points 670|

Question
Asked 10/6/2012 2:38:42 PM
Updated 8/8/2015 7:34:25 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by matahari [8/8/2015 7:34:25 PM]
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The "bottom line" of an income statement shows the firm's: Net income or net loss.
Added 8/8/2015 7:34:18 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/9/2015 9:53:22 AM]
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Questions asked by the same visitor
The most liquid asset is: (Points : 3) Sales. Cash. Accounts payable. Owners' equity
Question
Updated 5/19/2016 5:01:32 PM
1 Answer/Comment
The most liquid asset is Cash.
Added 5/19/2016 5:01:31 PM
This answer has been confirmed as correct and helpful.
Confirmed by vchutkan [5/19/2016 5:16:15 PM]
_______ refers to the value that stockholders or owners have in a company. (Points : 3) Assets. Liabilities. Owners' equity. Contra receivables.
Question
Updated 6/6/2014 9:23:04 AM
1 Answer/Comment
Owners' equity refers to the value that stockholders or owners have in a company.
Added 6/6/2014 9:23:04 AM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [6/6/2014 9:33:06 AM], Rated good by andrewpallarca
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