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The Barlow decision
Operating Activities
Activities directly related to the business's primary operations, such as selling products or services, which are reflected in the company's cash flow.
Net Income
Net income is the total profit a company generates after subtracting all its expenses, taxes, and losses from its total revenue.
Operating Activities
Activities that constitute the primary or main activities of an entity, including the production, sales, and delivery of the company’s product as well as collecting payment from its customers.
Sale Proceeds
Sale proceeds refer to the total amount received from the sale of goods or assets before any deductions are made.
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