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Distinguish between wisdom and knowledge.
Operating Activities
Activities that relate directly to the primary operations of a company, such as sales and service activities, and are reflected in the company's cash flows.
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was acquired, reflecting its decrease in value over time.
Cash Dividends
Payments made by a corporation to its shareholders out of its profits or reserves.
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