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Tensions between Iran and Iraq escalated for what reason?
Accounts Receivable
Money owed to a business by its customers for goods or services that have been delivered or used but not yet paid for.
Accounts Payable
Liabilities or money owed to suppliers or creditors for goods and services received but not yet paid for.
Indirect Method
An approach used in cash flow statements to adjust net income for the effects of non-cash transactions to compute cash flow from operating activities.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenues, indicating the net earnings attributable to shareholders.
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