Examlex
Select the statement that best explains how RhoGAM works.
Operating Activities
The section of a business's cash flow statement that accounts for its core business operations' cash inflows and outflows, involving receipts from sales, payments to suppliers, and payroll.
Prepaid Expenses
Costs that have been paid in advance for goods or services to be received in the future, recorded as an asset on the balance sheet.
Net Income
The remaining profit after deducting all operating expenses, taxes, and additional costs from the total revenue.
Indirect Method
The indirect method is a way of calculating cash flows from operating activities by starting with net income and adjusting for non-cash transactions.
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