Examlex
In relation to global systems building, the Internet
Indirect Method
A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital to find the net cash from operating activities.
Inventory
The raw materials, work-in-progress products, and finished goods that a company holds with the intent to sell or produce goods.
Operating Activities
Business activities related directly to the operation of the company, such as selling products, manufacturing, and providing services.
Loss on Sale
The financial loss incurred when the selling price of an asset is less than its carrying amount.
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