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<<I have come across the terms "10K" and "10Q" when reading about financial statements. Forgive me of my ignorance but I'm not sure what these terms mean. Thanks,>>Once a year, every publicly traded company in America issues an annual report and along with it a 10-K report, full of very detailed discussions ofvthe business and financial statements. In the three quarters between 10-Ks, the companies issue 10-Q reports, when they announce their earnings. These are slimmer, but they contain the main financial statements - Balance sheet, Income Statement, Statement of Cash Flows.So here's a sample year:June: 10-Q (1st Quarter)September: 10-Q (2nd quarter)December: 10-Q (3rd Quarter)March: 10-K and annual report (4th quarter)Selena
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