Question:In what way are the Income Statement and the Cash Flow Statement linked in a dynamic forecast? 

A Change in Accounts Receivable is carried forward to the Cash Flow Statement. 
B Depreciation Expense is carried forward to the Cash Flow Statement. 
C Net Income is carried over to the first line of the Cash Flow Statement. 
D Rent expense is used on the Cash Flow Statement. 

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C 

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Md. Habib Ullah

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