Examlex
The use of the two-level genus-species labels is known as "binomial nomenclature."
Indirect Method
A way of reporting cash flows from operating activities in the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate the cash from operations.
Accounts Receivable
Represents money owed to a company by customers for products or services sold on credit.
Indirect Method
A method of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.
Net Income
Represents the total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.
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