Question: Define the three basic financial statements, income statement, balance sheet, and statement of cash flows. Provide a fictitious combination of an income statement, balance sheet,

Define the three basic financial statements, income statement, balance sheet, and statement of cash flows. Provide a fictitious combination of an income statement, balance sheet, and statement of cash flows. Ensure consistency among these three statements. Perform vertical analysis on the income statement and the balance sheet. Provide financial assessments based on your vertical analysis. Provide your explanations and definitions in detail and be precise. Provide references for the content.

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