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Identify the five steps of DMAIC.
Financial Statements
Documents presenting a detailed summary of a corporation's financial health, which encompasses the income statement, balance sheet, and cash flow statement.
Stockholders' Equity
The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership interest of shareholders.
Long-Term Liabilities
Obligations or debts that a company expects to pay after one year or beyond the current business cycle.
Balance Sheet
A financial statement that displays a company's financial position at a specific point in time, outlining assets, liabilities, and equity.
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