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A parent's affective explanation is one that
Retained Earnings
These are the profits that a company has decided to keep or reinvest in the business rather than distribute to shareholders as dividends.
Analyzing Noncash Accounts
Examining accounts that involve transactions not involving cash, such as depreciation, amortization, and accrued expenses.
Outflow of Cash
Financial transactions that result in the expenditure of cash from a business, such as payments for expenses, investing activities, and financing activities.
Discarding an Asset
involves removing an asset from the company's balance sheet due to it being obsolete, no longer usable, or not worth repairing.
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