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Richard worked as a teacher for several years before starting an educational games company. He has a clear vision of the result he is working to get. Moreover, he is aware of his strengths and weaknesses, and always sets realistic goals. In this case, which of the following characteristics of successful entrepreneurs does Richard possess?
Operating Activities Section
A component of the cash flow statement showing cash inflows and outflows related to the primary business activities.
Direct Method
A way of preparing a cash flow statement where actual cash flows from operating activities are listed directly.
Capital Asset
An asset of significant value owned by a business or individual for a long period, usually used in the production of goods or services.
Investing Activities
Financial transactions related to the acquisition or disposal of long-term assets and other investments that are not considered to be cash equivalents.
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