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Statement of Cash Flows
A financial report detailing how adjustments in balance sheet items and income influence cash and cash equivalents, segmented into operating, investing, and financing sections.
Indirect Method
A cash flow statement format that starts with net income and adjusts for transactions affecting operational cash flows, without directly listing them.
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.
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