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The Greek philosopher Empedocles recognized that plant life preceded animal life. Xenophanes (570-470 B.C.) studied fossils in sedimentary rock and concluded that the rocks must have been under water at one time. Explain why these were important shifts in logical thinking.
Cash Dividends
Payments made by a company out of its profits to its shareholders, typically in cash.
Capital Expenditures
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.
Statement of Cash Flows
A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financing activities.
Noncash Investing
Transactions involving non-monetary assets or financing that affect a company's investing activities but do not involve cash flows.
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