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Operating Activities
Business activities directly related to the production and delivery of goods and services, affecting the operating income.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Direct Method
A cash flow statement presentation that lists specific types of cash receipts and payments, used to reveal actual cash flow activities.
Accounts Receivable
Indicates the funds to be received by a business for credit sales made to customers, reflecting potential income.
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