Examlex
Provide a brief definition of each of the following terms.
Other Income
Revenue from non-primary business activities, such as rent, patents, or interest earnings, not related to the company's main business operations.
Gain on Sale
The profit realized when an asset is sold for a price higher than its book value.
Indirect Method
A cash flow statement methodology that adjusts net income for changes in non-cash transactions and working capital to calculate cash flow from operating activities.
Net Cash Flow
The difference between a company's cash inflows and outflows within a given period.
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