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A small biotech firm is seeking several employees with experience in pharmaceuticals and advanced degrees in life sciences. The firm is a small one and cannot afford to pay a traditional recruiting firm the expected fee of 30% of salary per hire. This firm should consider using a(n) .
Prepaid Expenses
Expenses paid in advance for goods or services to be received in the future, recognized as assets on the balance sheet until used or consumed.
Net Cash
The difference between a company's total cash inflows and outflows over a specific period.
Operating Activities
Transactions and events that affect a company's net income, related to its primary business operations.
Financing Activities
These activities generate cash inflows and outflows related to borrowing from and repaying principal to creditors and completing transactions with the company’s owners, such as selling or repurchasing shares of common stock and paying dividends.
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