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For the following amicable pair, determine whether neither, one, or both of the members are happy, and whether the pair is a happy amicable pair.
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Indirect Method
A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital.
Book Value
The net value of a company's assets as reported on the balance sheet, calculated as total assets minus total liabilities and intangible assets not readily marketable.
Office Equipment
Tangible property such as desks, chairs, and computers used in the daily operations of an office.
Cash Flows
The movement of money into and out of a business or financial entity, often analyzed to assess financial health.
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