Examlex
Distinguish between growth and development.
Operating Activities
Business activities that relate directly to the production, sale, and delivery of a company's products and services.
Depreciation
The process of allocating the cost of buildings and equipment (but not land) over their productive lives using a systematic and rational method
Accounts Receivable
Represents money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Indirect Method
A way of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.
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