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What are the four steps to setting up an optimization problem with Excel Solver?
Cash Basis
A method in accounting where revenues and expenses are recorded only when cash is received or paid out, respectively.
Statement of Cash Flows
A financial statement that summarizes a company's cash inflows and outflows over a specific period.
Sales Adjusted
A correction made to sales figures to account for various factors such as returns, allowances, or discounts.
Cash Basis
A method of accounting that records transactions when cash is either received or paid.
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