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Adherents of both the due process and crime control models have called for
Merchandise Inventory
The collection of goods a company has in stock and available for sale to customers.
Accounts Receivable
Funds that customers owe to a business for products or services that have been provided but remain unpaid.
Indirect Method
A way of preparing the cash flow statement where net income is adjusted for non-cash transactions to calculate net cash from operating activities.
Operating Activities
Transactions related to the primary activities of a business, such as selling goods and services, which are reflected in the cash flow statement.
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