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When the United Way sends out brochures discussing the charitable activities and organizations it supports, it is using
Fair Market Value
The price that a property would sell for on the open market, between a willing buyer and seller, with both parties having reasonable knowledge of the relevant facts.
Trade-In Allowance
The credit a buyer receives for a used item when exchanging it towards the purchase of a new item.
Fixed Asset Turnover Ratio
A financial metric that measures how efficiently a company uses its fixed assets to generate sales, calculated as sales divided by the average net fixed assets.
Book Value
The net value of a company's assets found on its balance sheet, and is calculated by subtracting liabilities from the total value of assets.
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