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State the property that justifies the statement. For example, because of the commutative property for addition.
Net Income
The total profit of a company after all expenses, including taxes and costs, have been subtracted from total revenue.
Solvency
The ability of a company to meet its long-term financial obligations and continue its operations in the long term.
Accumulated Other Comprehensive Income
The cumulative effect of other comprehensive income items, which is reported separately in the “Stockholders’ equity” section of the balance sheet.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of shareholders.
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