Examlex
How does the upper-upper class differ from the lower-upper class?
Indirect Method
A technique used in cash flow statements to adjust net income for changes in non-cash items to calculate net cash from operating activities.
Statement of Cash Flows
This report details the fluctuations in balance sheet accounts and how income influences cash and cash equivalents, categorizing these changes into operating, investing, and financing sections.
Operating Activities
Activities that relate to the primary operations of a company, influencing its net cash flow from operating income.
Indirect Method
A way of reporting net cash flow from operating activities in the statement of cash flows by adjusting net income for changes in working capital items and non-cash transactions.
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