Term
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Definition
Income Statement Items
Current Assets
Current Liabilities |
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Term
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Definition
Fixed Assets
-long term investments, property, plant & equipment, intangible assets
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Term
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Definition
Long Term Liabilities
Shareholder's Equity |
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Term
| Operating Activities Under INDIRECT Method |
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Definition
Net Income + Depreciation + Loss on Sale
IGNORE all other accounts |
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Term
| Operating Activities under DIRECT method |
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Definition
1. Revenues
2. COGS
3.Operating Expenses
4. Interest Expense
5. Income Tax Expense
IGNORE: Net income, depreciation, loss on sale |
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