The 'Bottom Line' in the Profit or Loss Statement Is

question 62

Multiple Choice

The 'bottom line' in the profit or loss statement is profit. The 'bottom line' in the statement of cash flows is:

• A) cash flow from operations.
• B) net increase (decrease) in the cash balance over the period.
• C) net cash at the end of the year.
• D) net cash at the beginning of the year.

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Definitions:

Quota

A limit on the quantity of imports.

Streaming Movies

The digital distribution of films over the internet, allowing users to watch content on-demand without the need for physical copies or downloads.

OLED TVs

A technology used in televisions where each pixel emits its own light, offering better contrast and color accuracy compared to traditional LED TVs.

Normal Good

A type of good whose demand increases when consumer income rises and decreases when consumer income falls.