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Brighton,Inc. ,uses the indirect method to determine its net cash flows from operating activities.During the course of the year,the company's accounts receivable increased by $10,000 and its accounts payable decreased by $5,000.As a result of these two items,the calculation to determine cash flows from operating activities will be:
Legal Existence
A term indicating that an entity is recognized under the law as having legal rights and obligations.
Hostile Tender Offer
An attempt to acquire a company against the wishes of its management and board by directly offering to buy the shares from the shareholders.
Cash
Cash is a medium of exchange in the form of physical currency, such as coins and banknotes.
Target Shareholders
Individuals or entities that own shares in a company that is the subject of a merger or acquisition proposal.
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