Examlex
Select the letter of the correct answer for each of the following questions. Check the following paragraph for unity. Then, select the number of the sentence that does not belong in the paragraph.
(1) The first batch of one of the world's most popular soft drinks was mixed in a backyard kettle over a hundred years ago. (2) On May 6, 1886, Dr. John Styth Pemberton heated a mixture of melted sugar, water, coca leaves, kola nuts, and other ingredients. (3) He planned to make one of the home-brewed medical syrups so popular at that time. (4) However, this one tasted so good that Dr. Pemberton decided to sell it as a soda fountain drink for five cents a glass. (5) The first glass of this new drink was sold at Jacob's Pharmacy in Atlanta, Georgia. (6) Atlanta was and still is a wonderful place to live. (7) Pemberton's tasty invention, Coca-Cola, caught on. (8) Today, Coca-Cola is consumed by 140,000 people every minute.
Financing Activities
Transactions that involve changes in the size and composition of the equity capital or borrowings of a company.
Indirect Method
A technique for preparing the cash flow statement, where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.
Financial Statements
Compiled reports that convey the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.
Net Cash Flow
The difference between a company's total cash inflows and outflows during a specific period.
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