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When Sean tells his parents that he is bringing a girlfriend home from college,they are initially excited.Later,Sean mentions that his girlfriend is of a different religion than his family.Sean's dad says,"I already know that I am going to dislike that woman and her religious ways." Sean's dad's statement illustrates
Investments
Assets purchased with the goal of generating income or appreciating in value over time.
Accounting Changes
Accounting Changes are modifications in the accounting methods, estimates, or reporting entity that affect the financial statements of a company.
Net Income
The total earnings of a company after subtracting all expenses from revenues, also known as net earnings or net profit.
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