Examlex
To create goal congruence,some firms prefer calculating ROI based on the gross book value of asset.
Long-term Liability
Financial obligations that are due after a period of more than one year, such as bonds payable or long-term loans.
Cost Method
An accounting method used to value inventory or investments, where the cost of the goods or the investment purchase price is the basis for the value on the balance sheet.
Long-term Investments
Generally, (1) investments in stocks and bonds of other companies that companies normally hold for many years, and (2) long-term assets, such as land and buildings, not currently being used in operations.
Marketable Equity Securities
Shares of publicly traded companies that can be bought or sold on stock exchanges or other financial markets.
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