Please Define the Following Key Terms

question 89

Short Answer

Please define the following key terms.
-Sundiata

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Definitions:

Fixed Asset Purchases

Expenditures on long-term assets such as equipment, buildings, and machinery, which are used in the operation of a company.

Operating Cash Flow

A measure of the cash generated by a company's normal business operations, indicating its ability to cover its bills and invest in growth.

Current Asset

An asset on the company's balance sheet that is expected to be sold, consumed, or converted into cash within one year or during the normal operating cycle of the business.

Patents

Legal rights granted to inventors that prevent others from making, using, or selling an invention for a certain period of time.