Sally Jenkins Is Taking an Economics Course at the Local

question 38

Short Answer

Sally Jenkins is taking an Economics course at the local college.Professor James divided the class into groups.Each group has been assigned a topic for an in-class presentation.He suggested that the students sign up for a Windows Live ID and that they use SkyDrive to collaborate.After the presentation, the professor asked the group to prepare a report for the class.Describe how Sally's would use Office Web Apps to manage the documents for the group.

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Definitions:

Investing Activities

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

Net Income

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

Operating Activities

Activities that constitute the primary or central operations of a business, including production, sales, and delivery of the company's products or services.

Indirect Method

A cash flow statement formulation approach where net income is adjusted for non-cash transactions and changes in working capital to arrive at operating cash flow.