When Preparing the Operating Section of the Statement of Cash

question 199

Short Answer

When preparing the operating section of the statement of cash flows using the indirect method, noncash expenses are ________ net income.

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Definitions:

CLV System

Customer Lifetime Value system, a metric that estimates the total revenue a business can expect from a single customer account throughout the business relationship.

FAB Method

A sales technique that focuses on features, advantages, and benefits of a product or service to the customer.

CRM Systems

Customer Relationship Management systems; technology platforms that help businesses manage communications and relationships with current and potential customers.

Analytics

The systematic computational analysis of data or statistics to identify patterns, trends, or insights.