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Whatl is used in a high-voltage air conditioning compressor to keep voltage from conducting from the electric drive motor to the compressor case.
Common Stock
Shares that constitute ownership in a corporation, providing voting rights and entitling shareholders to a portion of the company’s profits through dividends.
Cash Dividend
A payment made by a company to its shareholders, usually in cash, out of its profits or reserves.
Bond Payable
A long-term debt instrument issued by corporations and governments, promising to pay the bondholder a specified sum of money at future dates.
Indirect Method
A method often used in cash flow statements to convert net income into net cash flow from operating activities by adjusting for non-cash transactions and changes in working capital.
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