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Two major advantages of electronic meetings are anonymity and honesty.
Indirect Method
A cash flow statement technique that starts with net income and adjusts for changes in balance sheet accounts to arrive at operating cash flow.
Capital Expenditures
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.
Operating Expenses
The ongoing costs for running a business that are not directly tied to the production of goods or services, such as rent, utilities, and salaries.
Indirect Method
A way of preparing the cash flow statement where net income is adjusted for non-cash transactions, deferrals, and accruals to calculate cash flow from operating activities.
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