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Cash Payments
Outflows of cash to settle obligations or purchase goods and services, as documented in the cash flow statement.
Indirect Method
A approach used in cash flow statements to adjust net income for the effects of non-cash transactions and changes in working capital.
Operating Activities
Operating activities involve the primary revenue-generating activities of an organization, including production, sales, and delivery of the company’s product as well as administrative and general expenses.
Salaries Expense
The cost incurred by a business to pay its employees for services rendered during a specific period.
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