Which statement shows the firms operations for a specified, Financial Management

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Which statement shows the firms operations for a specified

1. The bid-ask spread exists because of ___________________________________ .

(A) market inefficiencies.

(B) discontinuities in the markets.

(D) lack of trading in the markets.

2. Which statement shows the firm's operations for a specified period of time?

(A) Balance Sheet.

(B) Income Statement.

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Financial Management: Which statement shows the firms operations for a specified

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