Examlex
Select all that are true about whole school reform.
Indirect Method
A method used in cash flow statements to adjust net income for the changes in non-cash accounts to arrive at operating cash flow.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of a business.
Fixed Assets
Tangible assets, such as property, plant, and equipment, used in the operating activities of a business and not intended for sale in the normal course of business.
Indirect Method
A way of calculating cash flows for the cash flow statement where net income is adjusted for changes in balance sheet accounts to reflect cash operations.
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