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by using Subramanyam, Wild. Financial Statement Analysis 11th edition. GAAP requires the income statement to be prepared using the accrual method of accounting. Discuss TWO

by using Subramanyam, Wild. Financial Statement Analysis 11th edition. GAAP requires the income statement to be prepared using the accrual method of accounting. Discuss TWO (2) reasons why an accrual accounting income statement is more practical for analyzing company performance than a cash flow-based income statement.

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