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Define comprehensive income and net income. Define revenue and expenses as well as list the five steps to determine when revenue and expenses can be

  1. Define comprehensive income and net income.
  2. Define revenue and expenses as well as list the five steps to determine when revenue and expenses can be recognized.
  3. What items are included in a company's results from discounted operations?
  4. What are the earnings per share? where is earnings per share disclosed in a company's financial statements? how is basic earnings per share computed?

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