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Hot water systems are very adaptable to zone control by using a combination of one or more circulating pumps and/or valves for the different zones. Hot water heating systems are referred to as ____________________ systems.
Net Income
The amount of money that remains after all operating expenses, interest, taxes, and dividends have been deducted from total revenue.
Indirect Method
A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital.
Book Value
The net value of a company's assets as reported on the balance sheet, calculated as total assets minus total liabilities and intangible assets not readily marketable.
Office Equipment
Tangible property such as desks, chairs, and computers used in the daily operations of an office.
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