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Brandon is considering buying a used car but he first downloads a report from the internet that shows the history of accidents and major repairs conducted on the car. This action is called
Operating Activities
Activities that relate directly to the principal revenue-generating activities of a business, such as sales and service provision.
Indirect Method
A method used in cash flow statements to adjust net income for non-cash transactions and changes in working capital to arrive at operating cash flow.
Cash Flows
The complete sum of cash flowing in and out of a company, particularly influencing its ability to cover immediate expenses.
Investments
Assets purchased with the expectation that they will generate income or appreciate in value over time.
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