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Shane's client keeps asking him the same question over and over again.What should Shane do next that would be appropriate and respectful?
Going Concern
An accounting principle assuming that an entity will remain in business for the foreseeable future, allowing it to carry out its operations and commitments.
Consolidated Statement
A financial statement that aggregates the financial performance of a company and its subsidiaries, presenting it as if the group were a single entity.
Comprehensive Income
The sum of net income and other comprehensive income, representing the total change in equity for a period other than transactions with owners.
Gross Margin
The difference between revenue and cost of goods sold, divided by revenue, expressed as a percentage; an indicator of the financial health and performance of a business.
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