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In a certain science fiction movie, one of the main characters describes an alien planet that has an atmosphere composed of carbon monoxide and fluorine gases. Could such an atmosphere really exist?
Straight Line Amortization
A method of allocation of an asset's cost over its useful life in equal annual amounts.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Non-Controlling Interest
A stake in a company that is not large enough to control company decisions, representing ownership by minority shareholders in a subsidiary not wholly owned by the parent.
Equity Method
An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted thereafter for the investor's share of the investee's profit or losses.
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