Examlex
Which of the following are products of the reaction below? Select all that apply.
Operating Activities
Activities that are directly related to the day-to-day operations of a business, such as sales, purchase of inventory, and payment of expenses.
Net Income
The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue; often referred to as the bottom line.
Transactions
Business activities or exchanges that affect the financial position of a company, involving the transfer of goods, services, money, or titles.
Investing Activities
Financial actions involving the purchase and sale of long-term assets and investments, part of a company's cash flow statement.
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