[ Y ]
Yield
o the rate of return on an investment.
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[ W ]
Wasting assets
o assets of a fixed nature but as [...] [ V ]
Variable overheads
o indirect expenses that vary directly with output eg power
[ U ]
Understandability
o Information provided in financial statements has the quality of understandability when is comprehensible to users who have a [...] [ T ] Tangible asset o a physical asset Times interest earned o the number of times that loan interest is covered by profits, ie earnings(profits) before tax and interest divided by the interest charge. It indicates how safe creditors interest charges are. Thin capitalization a thinly capitalized company is one where its capital structure consists of very high debt/gearing level. |
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four, Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.
Also author to another very popular free educational accounting cum finance blog: http://basiccollegeaccounting.com under the branding of College Accounting Coach. |
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