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In the section on cross-cultural values,the authors warn that:
Short-Term Borrowings
Loans and other forms of financial indebtedness that are due for repayment within one year or less.
Operating Expenses
All necessary expenses involved in running a business, excluding the cost of goods sold, such as rent, utilities, and payroll.
Operating Expenses
Costs associated with the normal operations of a business, including sales and marketing, research and development, and administrative expenses.
Indirect Method
A way of reporting cash flows from operating activities by adjusting net income for non-cash transactions and changes in working capital.
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