The financial statement which summarizes operating, investing, and financing activities of an entity for a period of time is the

a. retained earnings statement.
b. income statement.
c. statement of cash flows.
d. statement of financial position

Answer: c. statement of cash flows.

Business

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Which retailer has the smallest amount of merchandise space?

a. full-service specialty store b. department store c. full-line discount store d. membership club

Business

The primary coverage of renters insurance is for the possessions of the insured

Indicate whether the statement is true or false

Business