18 Terms
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General accounting
Use this category for general accounting terms.
Industry: Accounting
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General accounting
arbitrage
Accounting; General accounting
A technique employed to take advantage of differences in price.
averages
Accounting; General accounting
Various ways of measuring the trend of securities prices, one of the most popular of which is the Dow Jones Industrial Average of 30 industrial stocks listed on the New York Stock Exchange. The ...
financial statement
Accounting; General accounting
Summary report that shows how a firm has used the funds entrusted to it by its stockholders (shareholders) and lenders, and what is its current financial position. The three basic financial ...
asset
Accounting; General accounting
A resource controlled by an entity, which has resulted from past events
goodwill
Accounting; General accounting
An intangible asset of a business that is created from favorable fators such as location, product quality, reputation, and managerial skill, as verified from a merger transaction.
net earnings per share
Accounting; General accounting
The portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability.
critical mass
Accounting; General accounting
The revenue level at which a company can become largely self-sufficient in resources for continued viability, vitality, and growth.
