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Net income refers to the: difference between what is owned and what is owed at a point in time. difference between the cash received and
Net income refers to the:
difference between what is owned and what is owed at a point in time.difference between the cash received and the cash paid out during a period.difference between what was earned and the costs incurred during a period.change in the value of the company during a period.
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Financial Accounting Information for Decisions
Authors: John Wild
7th edition
78025893, 978-0078025891
