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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Declaratory Act
Long-Term Investments
Investments in stocks, bonds, or other assets that a company intends to hold for more than one fiscal year.
Interest Revenue
Income earned from lending money or investing in interest-bearing financial instruments.
Free Cash Flow
Cash Flows from Operating Activities less Dividends less Capital Expenditures.
Operating Activities
The primary revenue-producing activities of an entity and other activities that are not investing or financing activities.
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