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Statement Of Retained Earnings
A financial document that shows how a firm's earnings are reinvested in the business or paid out to shareholders.
Multiple-step
An income statement format that shows several steps to determine net income, including gross profit, operating income, and other income and expenses.
Balance Sheet
A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
Income Statement
A financial report that shows a company's revenues, expenses, and net income over a specific period.
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