Identify the Following Terms

question 79

Short Answer

Identify the following terms.
-mercantilism and Jean Baptiste Colbert

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Definitions:

Operating Activities

Activities that relate directly to the operations of a company, including cash flows from selling goods and services.

Indirect Method

A method for preparing the cash flow statement where net income is adjusted for changes in balance sheet items to calculate cash flow from operating activities.

Depreciation Expense

This is the systematic allocation of the cost of a tangible asset over its useful life.

Investing Activities

Financial transactions and decisions related to acquiring or disposing of long-term assets and investments that can affect a company's capital structure.