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Direct Method
A methodology applied in cash flow statements to present major classes of gross cash receipts and payments, offering a clear view of cash flow from operating activities.
Current Asset
Assets that are expected to be converted into cash, sold, or consumed within one year or a business cycle, whichever is longer.
Current Liability
A company's debts or obligations that are due within one year or within the normal operating cycle.
Accounts Receivable
The money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
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