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OpenStax peer-reviewed open textbook.
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Concepts this teaches
- Market reference p. 376 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “An exchange takes place when two parties give something of value to each other to satisfy their respective nee”
- Debt reference p. 560 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Bonds are long-term debt obligations of corporations and governments; the issuer pays the buyer interest on a ”
- Financial statements reference p. 488 3 fact-checked sentence(s) in the drafted guide cite this page, e.g. “An accounting system converts the details of financial transactions — sales, payments, purchases — into a form”
- Income statement reference p. 504 3 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Cost of goods sold is then deducted from net sales to give gross profit: what a company earns after paying to ”