Examlex
The OTCBB is a regulated electronic quotation service that displays real-time quotes, last sale prices, and volume information in the OTC equity securities.
Depreciation Expense
A non-cash expense that reduces the value of tangible assets over their useful life due to wear and tear or obsolescence.
Indirect Method
A method for preparing the cash flow statement, where net income is adjusted for non-cash transactions and changes in working capital.
Net Income
The net income of a business once all costs and taxes are subtracted from its total revenue.
Trading Purposes
Activities conducted with the objective of profiting from short-term fluctuations in market prices.
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