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    Business
  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 7: The Income Statement: Content and Use
  5. Question
    The Income Statement's Key Role Is to Communicate Assets -
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The Income Statement's Key Role Is to Communicate Assets -

Question 17

Question 17

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The income statement's key role is to communicate assets - liabilities = net income to users.

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