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The Bill of Rights still did not provide individuals with the same protection from state governments that they enjoyed from the national government.This is because the Supreme Court:
Net Income
The residual income of a company after total revenue has been diminished by all costs and taxes.
Cash Flows
The net amount of cash being transferred into and out of a business, especially considered important for assessing liquidity, flexibility, and overall financial health.
Indirect Method
An approach to preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.
Operating Activities
The section of a business's cash flow statement that accounts for its core business operations' cash inflows and outflows, involving receipts from sales, payments to suppliers, and payroll.
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