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What are some common economic consequences of financial reporting on the reporting firm?

Multiple select question.

Failure to maintain certain financial statement ratios may cause a firm to violate debt covenants.

Certain financial statement performance metrics may affect the ability of a firm to raise capital in debt or equity markets.

Managerial compensation may depend on reported net income.

Increases in a firm's net income will always result in an increase in the market value of its equity shares.