Term
Assets = A
(Anything of value that is owned) |
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Definition
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Term
Liabilities = L
(Anything of value that is owed) |
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Definition
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Term
Net worth = NW
(The measured financial value of a person) |
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Definition
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Term
Working Capital = WC
(Assets available for use) |
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Definition
| WC = Current A - Current L |
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Term
Asked Price = AP
(The lowest price a seller is willing to accept) |
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Definition
AP = B + $SC
AP = B/(1-SC%) |
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Term
Bid Price = B
(Wholesale price is the current market price) |
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Definition
B = AP = $SC
B = AP x (1- SC%) |
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Term
Sales Charge = SC
(used to pay commissions or fees) |
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Definition
$SC = AP - B
$SC = %SC x AP
%SC = $SC /AP |
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Term
Withdrawal = WD
(When an investor cancels a plan) |
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Definition
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Term
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Definition
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Term
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Definition
| ATY = Investor's's Return x (100% - tax bracket) |
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Term
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Definition
| Total # of votes = # of shares x # of vacancies |
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Term
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Definition
| CY = Annual Interest/Current Market Price |
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Term
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Definition
| DY = Annual Dividend/Share Price |
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Term
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Definition
| ER = Total Expense/Total Net Assets |
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Term
| Inflation-Adjusted Return |
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Definition
| IAR = stated return - Inflation Rate |
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Term
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Definition
| MC = All outstanding shares x market price per share |
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Term
| Municipal Bond Tax Equivalent Yield |
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Definition
| = municipal yield/(100% - marginal tax bracket) |
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Term
| Net Asset Value per Share |
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Definition
| = Total Net Assets / Total of Outstanding Shares |
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Term
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Definition
| = Market Value of Stock/Earnings per Share |
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Term
| Percentage of Sales Charge |
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Definition
| %SC = Sales Charge/Offering Price |
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