Examlex
Match the person or term with the with the correct description.
-Ross Perot
Common Stock
Common stock represents ownership shares in a corporation, giving holders voting rights and a residual claim on corporate earnings in the form of dividends.
Indirect Method
The indirect method is a way of preparing the cash flow statement in which net income is adjusted for changes in balance sheet accounts to compute the cash flow from operating activities.
Operating Activities
Daily business functions and transactions related to a company's core business operations, such as sales, provision of services, and purchasing of raw materials.
Expenses
Costs incurred in the process of earning revenue, including operational costs, utilities, salaries, and rent.
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