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Contrast formal and informal career-counseling programs.
Total Liabilities
The sum of all debts and financial obligations a company owes to outside parties.
Total Assets
The sum of all resources owned by a company or an individual, valued in monetary terms, which includes tangible and intangible items.
Net Income
The total earnings of a company after subtracting all expenses and taxes from the total revenue.
Comparative Income Statement
A financial statement that presents the revenues, expenses, and net income for multiple periods to facilitate analysis over time.
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