securities market
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mechanism for buying and selling of securities
inventory turnover
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, indicates how many times a firm sells and replaces its inventory over the
course of a year, high inventory turnover ratio may indicate great efficiency
but may also suggest the possibility of lost sales due to insufficient stock
levels
sales / total inventory
debt utilization ratios
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ratios that measure how much debt an organization is using relative to
other sources of capital, such as owners' equity
nonbanks financial institutions
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offer some financial services, such as short-term loans or investment
products, but do not accept deposits
finance companies, pension funds, insurance companies, brokerage firms
trial balance
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, summary of the balances of all the accounts in the general ledger
dow jones industrial average DJIA
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an index of 30 representative stocks used to monitor price changes in the
overall stock market
price-weighted average
US banking system
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credit unions, commercial banks, savings and loans, mutual savings banks
2. divisibility
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all items must be valued in terms of comparable units—dimes for a piece of
bubble gum, quarters for laundry machines, and dollars (or dollars and
coins) for everything else
factor
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A finance company to which businesses sell their accounts receivable -
usually for a percentage of the total face value
the firm that buys the accounts receivable collects the amount due
small business use it to obtain cash
the factor buys a firm's accounts receivables for a discount
eurodollar market
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market for U.S. dollars held in foreign countries
originally developed by London banks, any dollar-denominated deposit in
a non-US banks is called a eurodollar deposit
over-the-counter OTC market
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mechanism for buying and selling of securities
inventory turnover
Give this one a try later!
, indicates how many times a firm sells and replaces its inventory over the
course of a year, high inventory turnover ratio may indicate great efficiency
but may also suggest the possibility of lost sales due to insufficient stock
levels
sales / total inventory
debt utilization ratios
Give this one a try later!
ratios that measure how much debt an organization is using relative to
other sources of capital, such as owners' equity
nonbanks financial institutions
Give this one a try later!
offer some financial services, such as short-term loans or investment
products, but do not accept deposits
finance companies, pension funds, insurance companies, brokerage firms
trial balance
Give this one a try later!
, summary of the balances of all the accounts in the general ledger
dow jones industrial average DJIA
Give this one a try later!
an index of 30 representative stocks used to monitor price changes in the
overall stock market
price-weighted average
US banking system
Give this one a try later!
credit unions, commercial banks, savings and loans, mutual savings banks
2. divisibility
Give this one a try later!
all items must be valued in terms of comparable units—dimes for a piece of
bubble gum, quarters for laundry machines, and dollars (or dollars and
coins) for everything else
factor
, Give this one a try later!
A finance company to which businesses sell their accounts receivable -
usually for a percentage of the total face value
the firm that buys the accounts receivable collects the amount due
small business use it to obtain cash
the factor buys a firm's accounts receivables for a discount
eurodollar market
Give this one a try later!
market for U.S. dollars held in foreign countries
originally developed by London banks, any dollar-denominated deposit in
a non-US banks is called a eurodollar deposit
over-the-counter OTC market
Give this one a try later!
