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Is there any risk involved in using fiat money? How can it be minimized?
Prepaid Expenses
Assets on the balance sheet representing services or goods paid for upfront but not yet consumed.
Indirect Method
A technique used in cash flow statement preparation, adjusting net income for changes in non-cash accounts to arrive at operating cash flow.
Net Income
The net income a company earns once it has subtracted all costs and taxes from its revenues.
Operating Activities
Activities related to the primary operations of a company, including cash flows from sales, supply purchases, and payroll.
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