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Exhibit 12-2 The following information is used for the next 7 items
A researcher performs an experiment and gets the following results Refer to Exhibit 12-2.This represents a ____ design
Operating Cash Flow
The amount of cash generated by a company’s normal business operations, indicating whether a company is able to generate sufficient positive cash flow.
Top-Down Approach
An investment strategy that begins with analyzing macroeconomic factors, then drilling down to the industries and finally individual companies to make investment decisions.
Net Initial Investment
The total upfront cost required to initiate an investment, including all relevant expenses minus any cash inflows.
Sunk Costs
Denotes expenses that have already been incurred and cannot be recovered.
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