Question: The _ _ _ _ _ _ _ _ represents a snapshot of a business, showing an estimate of its value on a given date,

The ________ represents a "snapshot" of a business, showing an estimate of its value on a given date, while the ________ is a "moving picture" of the firm's profitability over time.
Question 19 options:
A) balance sheet; income statement
B) income statement; balance sheet
C) statement of cash flows; income statement
D) balance sheet; statement of cash flows

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