Examlex
A card is drawn from a standard deck of 52 playing cards. Find the probability that the card is a queen or aclub. Express the probability as a simplified fraction.
Investing Activity
A category in financial statements that represents cash flows related to the purchase or sale of long-term assets or investments.
Statement Of Cash Flows
A financial statement that highlights the major activities that impact cash flows and, hence, affect the overall cash balance.
Sale Of Equipment
The process of selling off business assets, such as machinery or office equipment, usually to generate cash.
Financing Activity
refers to the transactions related to raising capital and paying back investors, such as issuing debt or equity.
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