Pick one key item from any one of the following financial statements: Income statement...
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Accounting
Pick one key item from any one of the following financial statements:
Income statement
Balance sheet
Statement of owners equity
Cash flow statement
For example, you could pick "Net income", or "Total assets" or "Net cash flow from operating activities", etc. Present an argument in less than 10 sentences why your item of choice conveys important information about the performance of the firm.
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