Examlex
Which of the following statements best describes direct claims?
Operating Activities
Activities related to the day-to-day business operations, including cash flows from selling goods and services, and paying for expenses.
Cash Dividend
A payment made by a company out of its profits to its shareholders, usually in the form of cash.
Net Income
The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.
Indirect Method
Indirect Method is a way of preparing the cash flow statement where net income is adjusted for non-cash transactions, changes in working capital, and other items to calculate cash flow from operating activities.
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