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Loss
A financial situation in which total costs exceed total revenues, leading to a negative net income.
Indirect Method
A cash flow reporting technique that starts with net income and adjusts for cash-based transactions.
Operating Activities
Business activities related directly to the production, sale, and delivery of a company's products or services, often reflected in its cash flow.
Fixed Asset
Long-term tangible assets held for business use and not expected to be converted to cash in the coming fiscal year, such as buildings, machinery, and equipment.
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