Conduct some research into the inflows (revenues) and outflows (expenses) using the Income Statement of the organization
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Question:
Make a list of the top 3 most important sources of revenues, and the top 3 most important sources of expenses. Have those sources changed (up or down) due to the pandemic? Therefore, do you see the overall net income going up or down?
Related Book For
Intermediate Accounting
ISBN: 978-0071339476
Volume 1, 6th Edition
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
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