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One strategy or approach to unions that an employer could adopt has been referred to as union substitution / avoidance. Describe the objective of the strategy and outline how the employer could implement the strategy.
Comparative Balance Sheets
Financial statements that present the assets, liabilities, and shareholders' equity of a company at different points in time for comparison.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use.
Equipment
Assets used in the operations of a business that have a longer-term use, such as machinery, office furniture, and computers, which are subject to depreciation over their useful lives.
Free Cash Flow
Cash generated by a company after accounting for operating expenses and capital expenditures, available for investment or distribution.
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