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A friend asks you to explain the difference between atherosclerosis and arteriosclerosis.You say,"Well
Statement of Cash Flows
A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.
Operating Activities
Activities that are directly related to the day-to-day operations of a business, including revenue generation and expense incurrence.
Indirect Method
A technique used in cash flow statement preparation that adjusts net income for changes in non-cash accounts to calculate operating cash flow.
Net Income
A company's overall income after deducting all expenses and taxation from gross revenue.
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