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What are prime costs? What are conversion costs?
Financing Activities
Transactions related to raising funds or repaying borrowed funds, as reported in the statement of cash flows.
Financing Activities
Transactions a company undertakes to fund its operations and expansions, such as issuing equity or taking on loans.
Indirect Method
A way of calculating cash flows from operating activities by starting with net income and adjusting for changes in non-cash accounts.
Cash Flows
The total amount of money being transferred into and out of a business, particularly affecting liquidity, investment, and operating activities.
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