Examlex
A cooperative, or "co-op" for short, is a single-owner firm.
Operating Activities
Activities that relate to a company’s primary business operations, including revenue and expense transactions affecting net income.
Interest
The cost of borrowing money, typically expressed as an annual percentage of the principal loan amount.
Long-Term Bank Loan
A debt financing obligation issued by a bank or financial institution to a company, with a repayment period exceeding one year.
Operating Activities
Business activities directly related to the production, sale, and delivery of a company's products or services, often reflected in the cash flow statement.
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