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A man has ordered a glass of soda in a restaurant. When his drink arrives, he notices that quite a bit of ice is floating at the top of the glass. Why does the ice float?
Investing Activities
Financial transactions involving the purchase and sale of long-term assets and other investments, reflected in a company's cash flow statement.
Six-Month Note
A short-term financial instrument that matures or is due for payment within six months from the date it was issued.
Operating Activities
Activities directly related to the operation of the business, including production, sales, and delivery of the company's product.
Net Income
The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue; often referred to as the "bottom line."
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