Examlex
conglomerate merger occurs when two firms with either a horizontal or a vertical business relationship combine.
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.
Financing Activities
Transactions and events where a company raises capital or repays investors, including issuing shares or borrowing money.
Direct Method
A method for preparing the cash flow statement that lists major classes of gross cash receipts and payments.
Income Tax Expense
The cost associated with the taxes on a company's taxable income, reflecting the amount of income tax a company expects to pay to the government.
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