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Fiscal Year
A one-year period used by governments and businesses for accounting and financial reporting, which may or may not align with the calendar year.
Depreciation Expense
Spreading out the expense of a physical asset over the period it's in use.
Operating Activities
Components of a business's cash flow statement that relates to its core operations, including cash received from sales and cash paid for goods and services.
Net Income
The amount of money remaining after all operating expenses, taxes, and other costs have been subtracted from total revenue.
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