Examlex
Which of the following factors contributes most to the high per capita incomes in developed nations?
Operations
Refers to the ongoing activities of a business that are involved in the production and distribution of products or services.
Indirect Method
A method of reporting cash flows from operating activities by adjusting net income for changes in non-cash accounts.
Direct Method
A way of preparing the cash flow statement where actual cash flow information from the company's operations is used.
Operating Activities
Transactions and events that affect net income, primarily related to the core operations of a business.
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