Examlex
What is the purpose of the specification equation? Explain how it is used.
Cash Collected
Revenue that has been received by a company from its various business activities, such as sales or services.
Investing Activities
Financial transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.
Cash Flow Statement
A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
Statement of Cash Flows
This document details the combined amount of cash a business gains from its day-to-day operations and outside investments, and the cash it expends on operating and investing activities over a particular period.
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