Examlex
Solve the problem.
-An Algbra class had 5 tests over the course of the semester. The table gives the average and high score for each of the 5 tests. For what tests was the high score less than 96 or the average less than 70.
Indirect Approach
A method used in cash flow statements where net income is adjusted for non-cash transactions, deferred revenues, and expenses to calculate cash flow from operating activities.
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments, reflecting a company's investment strategy.
Financing Activities
Activities that result in changes in the size and composition of the contributed equity and borrowings of the entity, including issuing debt, equity transactions, and paying dividends.
Direct Approach
A method of preparing the statement of cash flows where major categories of gross cash receipts and payments are reported.
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