Examlex
Free cash flow is the amount of cash that,if withdrawn,would harm the firm's ability to operate and to produce future cash flows.
Note Payable
A financial obligation represented by a formal written agreement to pay a specified sum of money at a future date.
Accounting Equation
The foundational equation in accounting, representing the relationship between assets, liabilities, and owner's equity: Assets = Liabilities + Owner's Equity.
Insurance Policy
A contract between an insurer and a policyholder specifying the terms for payout in the event of loss or damage.
Supplies On Account
Goods or items purchased on credit, where payment is deferred to a future date, typically recorded as a liability until paid.
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