Examlex
The information calculated from the forward and backward pass can be used for
Inventory Account
An account on the balance sheet that reports the value of a company's goods that are unsold at the end of the accounting period.
Indirect Method
A method used in cash flow statements to convert net income into net cash flow from operating activities, by adjusting for non-cash transactions.
Cash Dividends
Profits paid out to shareholders by a corporation from its earnings in the form of cash.
Financing Activities
Transactions and events that affect the equity and long-term liabilities of a company, including issuing shares, repaying loans, and paying dividends.
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