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The assumption that enables us to prepare periodic statements between the time that a business commences operations and the time it goes out of business is:
Earnings Per Share
A measure of a company's profitability, calculated as the profit available to common shareholders divided by the average number of common shares outstanding.
Working Capital
The variance between a business's present assets and its present debts, which demonstrates the firm's liquidity.
Common Stock
A type of equity security that represents ownership in a corporation, with rights to vote on corporate matters and receive dividends.
Market Price
The existing rate for buying or selling a product or service in a market environment.
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