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Y_Kistochka [10]
3 years ago
15

Net income (loss) appears in which two financial statements?A. Balance sheet and income statement.B. Income statement and statem

ent of stockholders' equity.C. Statement of stockholders' equity and balance sheet.D. Net income appears in only one financialstatement.
Business
1 answer:
madreJ [45]3 years ago
7 0

Answer: Option B

Explanation: Net income refers to the amount of revenue that a company is left with after recognizing all the expenses incurred to generate those revenues.

The revenue and expenses are recorded on the income statement and the resulting outcome is the net income.

Similarly, as the net income is the income for shareholders of the company. Thus, it is shown in the stockholders equity statement also.

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On September 21, 2017, Umbrella Company announced a 3 for 1 stock split. After the split, the company will have about 24.6 milli
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3 years ago
While doing an online search for a music venue, Darcy ran across a performance of Lady Gaga that featured her hair neatly wrappe
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3 0
3 years ago
Which two key considerations should be made to make sure the performance of the report is not degraded due to large data volume?
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B. A number of joins used in report query.

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