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Which of the following is a response to the "big push" theory?
Primary Financial Statements
Core financial statements including the balance sheet, income statement, and cash flow statement that summarize a company's financial position and performance.
Proprietorship
A business entity that is owned and run by one individual where there is no legal distinction between the owner and the business.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income or loss.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenue, indicative of the company's profitability.
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