Examlex
If cash from operations was $24,000, cash from investing activities was ($44,000) and the net change in cash was $48,000, what was cash from financing activities?
Voidable
Voidable refers to a legal status denoting that an agreement or transaction can be affirmed or rejected at the discretion of one of the parties involved.
Ratification
The act of officially approving or confirming an action, agreement, or decision, often after the fact, to make it valid and binding.
Depreciation
The reduction in the value of an asset over time, particularly due to wear and tear.
Ratify
To formally approve or confirm an agreement or treaty, making it officially valid.
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