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Income Statement
A document detailing a corporation's financial results for a given fiscal period, including income, costs, and net profit.
Balance Sheet
A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating capital structure.
Financing Activities
Transactions between a business and its sources of funding, including equity and debt, reflected in the cash flow statement.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenue.
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