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What Does It Mean When the Syntax ? Extends D

question 21

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What does it mean when the syntax ? extends D is used?

Understand the concept and calculation of risk-adjusted metrics such as the Treynor measure, Sharpe measure, and Jensen's alpha.
Recognize the importance and quantitative determination of beta in evaluating portfolio performance.
Identify the impact of investing timing and method (dollar-weighted vs. time-weighted return) on overall investment performance.
Distinguish between mutual funds, hedge funds, and equity funds in terms of performance and risk characteristics.

Definitions:

Nonoperating Items

Income and expenses that are not related to the core operations of a business, such as gains or losses from investments or interest expense.

Depreciation Expense

The allocated amount of the cost of a fixed asset being charged to expense over the asset's useful life.

Accumulated Depreciation

The cumulative depreciation expense charged to a fixed asset from the time it first became operational.

Net Noncurrent Assets

The total value of a company’s long-term assets minus any liabilities directly associated with those assets.

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