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Non-current Assets
Non-current assets are long-term resources owned by a company, expected to provide economic benefits beyond one year, such as property, plant, and equipment (PP&E), and intangible assets.
Direct Method
A cash flow statement presentation that lists major categories of gross cash receipts and payments.
Cost of Goods Sold
The direct expenses tied to the production of goods sold by a company, including material, labor, and overhead costs, directly affecting gross profit.
Accounts Payable
A liability representing an amount owed by an entity to its creditors/suppliers for goods and services purchased on credit.
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