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Operating Activities
Activities that relate to the primary operations of a company, such as selling products or services, and are reflected in the cash flow statement.
Direct Method
A cash flow statement preparation approach that presents major classes of gross cash receipts and payments, offering a detailed view of cash flow from operating activities.
Cash Flow Statement
A financial document that provides aggregated 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.
Income Taxes
Taxes charged on the income of individuals or entities (corporations), based on the income or profit earned within a tax period.
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