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Any Gain or Loss Experienced by a Concern, Whether Directly

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Any gain or loss experienced by a concern, whether directly or indirectly related to operations, contributes to the long-run profitability and should be included in the computa-tion of net income. Those who favor such a philosophy adhere to the Any gain or loss experienced by a concern, whether directly or indirectly related to operations, contributes to the long-run profitability and should be included in the computa-tion of net income. Those who favor such a philosophy adhere to the

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