Simplify. -

question 96

Multiple Choice

Simplify.
-

• A) -1
• B) 1
• C) -78,125
• D) 0

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Definitions:

Indirect Method

A way of reporting cash flows from operating activities by adjusting net income for non-cash transactions and changes in working capital.

Net Income

The profit of a company after all expenses and taxes have been subtracted from total revenue.

Operating Activities

Transactions and other events related to the core business operations of a company, including revenue and expense transactions that affect the net income.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.