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#cfa-level-1 #reading-25-understanding-income-statement
Question
On the top line of the income statement, companies typically report [...].
Answer
revenue

Tags
#cfa-level-1 #reading-25-understanding-income-statement
Question
On the top line of the income statement, companies typically report [...].
Answer
?

Tags
#cfa-level-1 #reading-25-understanding-income-statement
Question
On the top line of the income statement, companies typically report [...].
Answer
revenue
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On the top line of the income statement, companies typically report revenue.

Original toplevel document

2. COMPONENTS AND FORMAT OF THE INCOME STATEMENT
On the top line of the income statement, companies typically report revenue. Revenue generally refers to amounts charged (and expected to be received) for the delivery of goods or services in the ordinary activities of a business. The term net revenue means t

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