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Statement of cash Flows - indirect method
Use the information provided in Pr. 5-113. Prepare a statement of cash flows (for operating activities only) for the year ended December 31, 2020 using the indirect method.
Total Utility
The cumulative satisfaction or usefulness that a person gains from consuming all units of a particular good or service.
Marginal Utility
The supplementary enjoyment or value obtained by consuming an extra unit of a good or service.
Total Utility
The overall satisfaction or happiness a consumer derives from consuming a certain quantity of goods and services.
Marginal Utility
The extra benefit or utility gained from acquiring or consuming an additional unit of a product or service.
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