Examlex
The operating cash flow available for company use after purchasing the fixed assets that are necessary to maintain current productive capacity is called the
Bank Statement
A summary of financial transactions that have occurred over a given period on a bank account.
Outstanding Checks
Checks that do not appear on the bank statement.
Compounded Monthly
Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.
Present Value
The current value of a deposit that is made in the present time.
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