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Figure 31.2
-The results of this experiment, shown on the left of the graph (area A) , may be used to
Operating Activities
Activities related directly to the primary, day-to-day operations of a business, including sales, production, and administrative functions.
GAAP
Generally Accepted Accounting Principles, which are standardized guidelines for accounting practices.
Operating Activities
Business activities that relate directly to the production, sale, and delivery of a company's products or services.
Financing Activities
Transactions and events related to raising capital, repaying investors, issuing dividends, and loans that affect a company's capital structure and equity.
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