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Powerful effects theory has only been popular since the 1990s.
Traditional Income Statement
A financial statement that displays a company's revenues, expenses, and net income over a specific period, typically emphasizing historical cost accounting.
Cash Flows
The net amount of cash and cash-equivalents moving into and out of a business.
Financial Leverage
The use of borrowed money (debt) to finance the acquisition of assets, with the expectation that the profits will be greater than the interest payable.
Tax Deductible
Refers to certain expenses that can be subtracted from income to reduce the total taxable income.
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