Examlex
What three goals should you have when answering routine requests and a potential sale is involved?
Cash Flows
The total amount of money being transferred into and out of a business, especially affecting liquidity.
Indirect Method
A cash flow statement formulation approach that adjusts net income for changes in non-cash accounts to calculate operating cash flow.
Operating Activities
Activities directly related to the primary business operations, such as selling goods and services.
Net Income
A company's overall earnings remaining after deducting all expenses, taxes, and costs from its total revenue.
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