Examlex
What is operating leverage,and how does a company achieve operating leverage?
Net Income
The amount of money left after all expenses, taxes, and costs have been subtracted from total revenue, indicating the profit earned by a company.
Indirect Method
A cash flow statement preparation method that adjusts net income for the changes in balance sheet accounts to calculate the cash from operating activities.
Depreciation
The methodical distribution of a physical asset's cost across its lifetime, reflecting the asset's depreciation, wear, and eventual obsolescence.
Fixed Assets
Long-term tangible assets, such as buildings, machinery, and equipment, used in the operations of a business and not intended for resale.
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