Examlex
You open a margin account with a local broker and purchase shares of stock. The house maintenance margin requirement for your account is set by:
Residual Value
The estimated value that an asset will have at the end of its useful life, often used in calculating depreciation.
Indirect Method
A method used in the preparation of cash flow statements, where net income is adjusted for non-cash transactions, deferrals, and accruals to calculate net cash from operating activities.
Operating Activities
Activities directly related to the production and delivery of goods and services, which are central to a company's operations and cash flow.
Residual Value
The estimated amount that an asset is expected to be worth at the end of its useful life.
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