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The Supreme Court case Near v.Minnesota established the principle that:
Operating Activities
Transactions and other events related to the primary business activities of an entity, such as sales and service provision.
Net Income
The total earnings of a company after all expenses and taxes have been subtracted from revenue.
Comparative Balance Sheets
Financial statements that present the financial position of a business at different points in time, side by side, to facilitate comparison.
Common Stock
A type of equity ownership in a corporation, representing a share of the company, typically with voting rights.
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