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Describe and contrast the primary two potential benefits and downsides to owning common stock?
Income from Operations
Profit generated from a company’s regular business activities, excluding non-operating income and expenses.
Fiscal Year
A one-year period used for financial reporting and budgeting, not necessarily aligning with the calendar year.
Ledger
A book or collection of accounts in which transactions are recorded, showing the changes in each account over a period of time.
Inventory
The complete list of goods and materials that a business holds, either for sale or as part of its supply chain.
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