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You met an attractive person at a party last Friday,when you were a bit tipsy from too many beers.The next morning you could no longer remember that person's name and phone number.Saturday night you went to another party and drank a few more beers,and suddenly you were able to remember the name again.Which principle best explains your retrieval processes?
Statement of Cash Flows
A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, showing how the company's operations are running, where its money is coming from, and how it is being spent.
Indirect Method
A way of presenting the cash flow statement where net income is adjusted for non-cash transactions, depreciation, and changes in working capital to calculate cash flow from operating activities.
Operating Activities
Operating activities involve the day-to-day functions that are directly related to producing and delivering a company's goods and services, contributing to cash inflows and outflows during a period.
Statement of Cash Flows
A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
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