Examlex
To determine the fairness of pay or other outcomes, people almost always rely on the equity principle.
Indirect Method
A technique, often used in cash flow statements, that adjusts net income for non-cash transactions to compute cash flow from operating activities.
Net Income
Net Income is the total revenue of a company minus all expenses and taxes, representing the profit earned during a specific period.
Net Cash
The amount of cash a company has after all its cash inflows and outflows have been accounted for, often used in the context of operating, investing, and financing activities.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
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