A companys net income appears directly on the income, Accounting Basics

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A companys net income appears directly on the income

Question: 1. Why would a bank want to monitor the dividend payment practices of the corporations to which it lends money?

2. "A company's net income appears directly on the income statement and the retained earnings statement, and it is included indirectly in the company's balance sheet." Do you agree? Explain.

3. What is the primary purpose of the statement of cash flows?

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Accounting Basics: A companys net income appears directly on the income

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Accounting Basics: A companys net income appears directly on the income

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