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A) Statement of retained earnings B) Statement of financial position C) Statement of cash flowsD) Statement of changes in equity
Statement of cash flows as this statements shows the net profit when computing the cash flows from operating activities while other balance sheet item movements are accounted in financing and investing activities.
Correct Answer is C) Statement of cash flows that captures both the current operating result and the associated changes in the balance sheet
Answer is C. Statement of cash flows.
Statement of financial position
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