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The Megan Pledge Is

question 127

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The Megan Pledge is:


Definitions:

Indirect Method

A method of computing the net cash provided by operating activities that starts with net income and adjusts it to a cash basis.

Net Cash

The amount of cash available after accounting for cash inflows and outflows.

Operating Activities

These activities generate cash inflows and outflows related to revenue and expense transactions that affect net income.

Investing Activity

Financial transactions related to the acquisition and disposal of long-term assets and investments not included in cash equivalents.

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