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Determine whether the following argument is valid: She is a Math Major or a Computer Science Major. If she does not know discrete math, she is not a Math Major. If she knows discrete math, she is smart. She is not a Computer Science Major. Therefore, she is smart.
Operating Activities
Activities directly related to the core business operations, including cash flows from sales, services, and the costs of doing business, reflected on a company's cash flow statement.
Income Taxes
Taxes levied by the government on the income generated by individuals or entities.
Indirect Method
A way of calculating cash flow from operating activities by starting with net income and adjusting for changes in non-cash balance sheet items.
Financing Activities
Transactions that involve raising funds for the company, including issuing debt, issuing equity, and paying dividends.
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