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Faith has been studying for a quiz and knows that pathways #1 and 2 are the
Financing Activities
Transactions involving changes in equity and borrowings of the company, reported in the cash flow statement.
Net Cash
The difference between a company's total cash inflows and outflows over a specific period.
Operating Activities
Business actions that are directly related to the production, sale, and delivery of products or services, which are reflected in the company's income and cash flow statements.
Cash Basis
A bookkeeping approach that registers income and expenses at the time cash is exchanged, rather than when they are accrued.
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