Examlex
Dram shop liability can result from selling intoxicating liquor to someone who then injures a third person due, in part, to the intoxication.
Short-term Solvency
The ability of a company to meet its short-term financial liabilities and obligations.
Financial Statement Analysis
The process of evaluating financial statements in order to assess a company's financial health and performance.
Du Pont Identity
A formula that breaks down the return on equity into three parts: profit margin, asset turnover, and financial leverage, to analyze a company's financial performance.
GAAP
Stands for Generally Accepted Accounting Principles, which are a common set of accounting standards and procedures used in the U.S.
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