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Solve the equation.
Financial Accounting
Accounting for the revenues, expenses, assets, liabilities, and equities of an organization, concentrating on external users (shareholders, lenders, and government). Constrained by FASB rulings and other generally accepted accounting principles.
Tax Purposes
The reasons or objectives related to the calculation and payment of taxes to comply with legal requirements.
Shareholders' Wealth
The total value of a company to its shareholders; typically measured by market capitalization or the value of shares held.
Managers
Individuals responsible for directing and overseeing the operations and employees of an organization or a part of an organization.
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