Examlex
The introduction of the assembly line by American automobile manufacturer Henry Ford allowed his company to increase production sharply while dramatically reducing costs.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset since it was put into service.
Statement of Cash Flows
A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its operational, investing, and financing activities.
Operating Activities
The core activities that a business performs to earn revenue, including production, distribution, and sales processes.
Indirect Method
A technique used in cash flow statements to calculate net cash flows from operating activities by starting with net income and adjusting for non-cash transactions and changes in working capital.
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