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In the figure below,which direction is the longshore drift?
Operating Activities
The primary day-to-day activities of a business involved in producing and selling its goods or services, reflected in the cash flow statement.
Indirect Method
A method used in cash flow statement preparation that adjusts net income for non-cash transactions and changes in working capital accounts to arrive at net cash flow from operating activities.
Increase in Cash
An upward movement in the cash balance of a business during a specific period of time.
Direct Method
In accounting, a cash flow statement preparation approach that lists specific cash inflow and outflow categories directly.
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