Term
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Definition
| is the profit generated by the assets possessed by the firm |
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Term
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Definition
| is a method for summarizing the factors that affect a firm's financial performance, as measured by return on assets |
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Term
| Operating profit margin (earnings before interest and taxes, EBIT) |
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Definition
| is a measure of the profitability from continuing operations of a retailer and is a useful predictor of the retailers profitability in the future |
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Term
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Definition
| is the retailers net sales divided by its assets |
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Term
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Definition
| are the total revenues received by a retailer that are related to selling merchandise during a given time period |
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Term
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Definition
| is the amount a retailer pays to vendors for the merchandise the retailer sells |
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Term
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Definition
| incluse selling, general, and administrative expenses plus the depreciation of the retailer's assets. |
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Term
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Definition
| is the operating profit minus interest and taxes |
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Term
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Definition
| are primarily the monies owed to the retailer by customers that have bought merchandise on credit. |
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Term
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Definition
| assets that require more than a year to convert to cash |
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Term
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Definition
| COGS during a time period, typically a year, divided by the average level of inventory at cost during the time period |
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Term
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Definition
| are money that the firm owes others, such as invoices that it has not paid vendors for merchandise and the interest and principal from money borrowing |
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Term
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Definition
| is a more stringent test of financial strength than the current ratio because it removes inventory from the short-term assets |
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Term
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Definition
| means that goals get set at the top of the organization and passed down to the lower operating levels |
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Term
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Definition
| involves lower levels in the company developing performance objectives that are aggregated up to develope overall company objectives |
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Term
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Definition
| is the profit generated by the assets possessed by the firm |
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