Examlex
In the close of a proposal to install energy-saving light fixtures at a local hospital,it is not necessary to emphasize reader benefits if you think they are obvious.
Investments
Assets purchased with the expectation that they will generate income or appreciate in value over time.
Net Income
The overall income of a business once every expense, such as operating costs and tax obligations, is deducted from gross revenue.
Operating Activities
Refers to the primary day-to-day activities of a business that relate to providing its goods or services, which are reflected in its earnings.
Indirect Method
A technique in financial accounting to prepare the cash flow statement, whereby net income is adjusted for non-cash transactions and changes in working capital.
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