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Definition
A portion of the costs of fixed assets charged against annual revenues over time. |
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modified accelerated cost recovery system |
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Definition
System used to determine the depreciation of assets for tax purposes |
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Definition
time period over which an asset is depreciated |
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Definition
The appropriate depreciable life of a particular asset as determined by modified accelerated cost recovery system |
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Definition
cash flows directly related to sale and production of the firm's products and services |
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Definition
Cash flows associated with purchase and sale of both fixed assets and equity investments in other firms |
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Definition
cash flows that result from debt and equity financing transactions; include incurrence and repayment of debt, cash inflow from the sale of stock and cash outflows to repurchase stock or pay cash dividends |
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Definition
An expense that is deducted ont eh income statement but does not involve the actual outlay of cash during the period includes depreciation, amortization, and depletion |
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Definition
The cash flow a firm generates from its normal operations; calculated as net operating profits after taxes |
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net operating profits after taxes |
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Definition
Afirm's earnings before interest and after taxes. |
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Definition
The amount of cash flow available to investors after the firm has met all operating needs and paid for investments in net fixed assets and net current assets. |
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financial planning process |
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Definition
planning that begins with long-term or strategic financial plans that in turn guide the formulation of short-term or operating plans and budgets |
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Term
long-term financial plans |
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Definition
plans that lay out a company's planned financial actions and the anticipated impact of those actions over periods ranging from 2 to 19 years. |
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