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What are some accounts in the income statement that can distort the true earning of the company? How does debt affect the the three cash

What are some accounts in the income statement that can distort the true earning of the company?

How does debt affect the the three cash flow statements? How does debt impact all 3 financial statements?

If you have two companies, one uses FIFO and the other FIFO, which of the two has the most income and which has the most expenses?

How does a convertible bond that turns into equity affect the three financial statements

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