Term
|
Definition
| Current assets/current liabilities |
|
|
Term
|
Definition
| net credit sales/ average net receivables |
|
|
Term
|
Definition
|
|
Term
|
Definition
| Liabilities/ Stockholders Equity |
|
|
Term
|
Definition
| Cash flows from operating activities/interest paid |
|
|
Term
|
Definition
| Net income + interest expense/ Average total assets |
|
|
Term
|
Definition
|
|
Term
|
Definition
| net income/average # shares of common stock |
|
|
Term
|
Definition
| cash flow from operating/ net income |
|
|
Term
|
Definition
| current marked price per share/earnings per shar |
|
|
Term
|
Definition
1. Lease transfers ownership of property by end of lease term
2. lease contains option to purchase property
3. lease term is 75% or more of estimated economic life of property
4. present value of rentals is 90% or more of fair value of leased property |
|
|
Term
|
Definition
|
|
Term
|
Definition
| patents, copyrights, franchises, goodwill |
|
|
Term
|
Definition
| cost-residual value/life in years |
|
|
Term
| double declining depreciation |
|
Definition
(net book value*2/#years)
new book value=net book value-year before value) |
|
|
Term
Repairs
Ordinary:
Extraordinary/additions: |
|
Definition
Ordinary: I/S
Extraordinary: B/S |
|
|
Term
|
Definition
Existence
Valuation
Ownership
Cut-Off
Classification
Disclosure |
|
|
Term
|
Definition
| plan specifying amount of pension benefits that employers promise to provide retirees- employer bears risk of pension fund performance |
|
|
Term
|
Definition
| plan specifying amount of pension contributions employers make to pension plan - employee bears risk of pension fund performance |
|
|
