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What Are CFCs, How Were They Used, and Why Were

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What are CFCs, how were they used, and why were they banned?


Definitions:

Cash Flows

A financial statement segment that shows how changes in balance sheet accounts and income affect cash and cash equivalents, categorizing flows into operating, investing, and financing activities.

Inventory Purchases

The total cost of goods bought for resale during a specific financial period.

Cost of Goods Sold

Expenses specifically associated with the production of a company's sold products, such as materials and labor.

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