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What does the profit and loss statement primarily indicate about a business?a)Its current cash reserves.b)Whether it's earning more than it spends.c)The value of its assets.d)Its long-term financial goals.Correct answer is option 'B'. Can you explain this answer? for B Com 2025 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the profit and loss statement primarily indicate about a business?a)Its current cash reserves.b)Whether it's earning more than it spends.c)The value of its assets.d)Its long-term financial goals.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the profit and loss statement primarily indicate about a business?a)Its current cash reserves.b)Whether it's earning more than it spends.c)The value of its assets.d)Its long-term financial goals.Correct answer is option 'B'. Can you explain this answer?.

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