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Statement Of Comprehensive Income
The statement of comprehensive income is a financial statement that includes all changes in equity during a period except those resulting from investments by and distributions to owners.
Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life, reflecting its loss of value over time.
Taxable Income
The portion of an individual's or a corporation's income used to determine how much tax will be owed to the government in a specific tax period.
Non-cash Item
Expenses or incomes that do not result in actual cash flow, such as depreciation or stock-based compensation.
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