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Fundamental Equation
The Fundamental Equation commonly refers to a foundational mathematical expression in a given field, such as finance's accounting equation: Assets = Liabilities + Equity.
Depreciation
The process of allocating the cost of a tangible asset over its useful life, representing the asset's decline in value.
Cash Flow
Cash flow refers to the total amount of money being transferred into and out of a business, especially regarding liquidity.
Noncash Charge
Expenses recorded on the income statement that do not involve a direct cash outflow, such as depreciation, amortization, and impairments.
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