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Describe the three stages of stress in detail,using examples.
Financial Statements
Consolidated documents showing the financial health of an entity, including balance sheets, income statements, and cash flow statements.
Common Shares
Equity securities that represent ownership in a corporation, with voting rights and the potential for dividends.
FIFO
Stands for "First In, First Out," an accounting method for valuing inventory and determining cost of goods sold, where the oldest inventory is sold first.
LIFO
Last In, First Out, an inventory valuation method where the most recently produced or acquired items are recorded as sold first.
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