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Fiscal Year 2020 Frequently Asked Questions for Brownfield Multipurpose, Assessment, REF, and Cleanup (MARC) Grants (as of 10/7/19) EPA prepared these Frequently Asked Questions (FAQs) and answers
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01
Begin by gathering all relevant financial information for the fiscal year 2020.
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Organize the information into different categories such as income, expenses, assets, and liabilities.
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Prepare the income statement by listing all sources of revenue and calculating the total.
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Deduct all expenses from the revenue to calculate the net profit or loss.
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Create a balance sheet to represent the financial position of the company at the end of the fiscal year.
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Include all assets, liabilities, and equity in the balance sheet.
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Calculate the financial ratios to analyze the company's performance and compare it with previous years.
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Provide any additional information or disclosures required by accounting standards or regulatory bodies.
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Submit the report to relevant stakeholders, such as management, shareholders, and regulatory authorities.

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