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Determine the net income for the current fiscal year (FY)
Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?
Taking Microsoft into consideration, the net income is $16,798 from the income statement. This figure or income is up from the prior year, with a difference of $4,605. This is a promising figure for the company.
Explain the relevance of changes in net income to investors.
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