Examlex
9-9 In duration analysis,the times at which cash flows are received are weighted by the relative importance in present value terms of the cash flows arriving at each point in time.
Last Year
Refers to the previous calendar or fiscal year.
Absorption Costing
A method of costing that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Variable Costing
An accounting method that includes only variable costs - costs that change with production levels - in product cost calculations.
Net Operating Income
It refers to the profit generated from a company's ordinary, core business operations after subtracting operating expenses from operating revenues.
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