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Introduction ( 1 page ) Introductory paragraph should describe why organizations would use an income statement comparison. Definition of key terms in the income statement
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Introductory paragraph should describe why organizations would use an income statement comparison. Definition of key terms in the income statement should be included with referenct to the textbook or other scholarly research. Also, after defining the terms, explain how the defined terms are important to an organization. For example: Operating income is the amount of revenue left after deducting the operational direcr and indirect costs from sales revenue author: date This line item can be imporant to organizations because it provides key information on earning potential.
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