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Expectations Gap What is the expectations gap?
Accounts Receivable
Money owed to a company by its customers for goods or services delivered but not yet paid for.
Indirect Method
A cash flow statement reporting approach that starts with net income then adjusts for non-cash transactions and changes in working capital to calculate cash flow from operating activities.
Operating Activities
Business actions directly related to the production and delivery of goods and services.
Investing Activities
Transactions involving the purchase or sale of long-term assets and investments, as reported in a company's statement of cash flows.
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