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  3. Study Set
    Financial Accounting Study Set 1
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    Exam 2: Measuring and Evaluating Financial Position and Financial Performance
  5. Question
    The Connecting Link Between the Balance Sheet and the Income
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The Connecting Link Between the Balance Sheet and the Income

Question 14

Question 14

Multiple Choice

The connecting link between the balance sheet and the income statement is:


A) dividends paid to shareholders.
B) the opening balance of retained profits.
C) total shareholders' equity.
D) net profit after tax.

Correct Answer:

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