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Exhibit 2-4
A survey of 400 college seniors resulted in the following crosstabulation regarding their undergraduate major and whether or not they plan to go to graduate school.
-Refer to Exhibit 2-4. Among the students who plan to go to graduate school, what percentage indicated "Other" majors?
Land Purchase
An acquisition of real estate property involving a one-time payment or installment payments, considered a long-term asset on the balance sheet.
Net Cash Flow
The difference between a company's cash inflows and outflows within a given period, indicating the company's ability to generate cash.
Operating Activities
Business actions that relate to the day-to-day operations, producing revenue and spending money to operate the business.
Accounts Receivable
Financial obligations of customers to a firm for received goods or services that have not been paid for.
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