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One rule of the ___________________ theory of comparative advantage is that that a capital-abundant country (e.g., the United States) tends to specialize in capital-intensive industry and export capital-intensive products (personal computers) and import labor-intensive products (desks).
Financing Activities
Transactions and events whereby resources are obtained from, or repaid to, owners (equity financing) or creditors (debt financing).
Statement Of Cash Flows
A financial report showing the inflows and outflows of cash within a company over a specific period.
Net Income
The final amount a company earns after removing all outgoings and tax liabilities from its total income.
Indirect Method
A way of preparing a cash flow statement where net income is adjusted for changes in balance sheet accounts to reflect cash transactions.
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