Examlex
The target rate of return is the maximum rate of return that top management expects a division to earn with its average total assets.
Interest Expense
The cost incurred by an entity for borrowed funds, including the expense on bonds, loans, convertible debt, and lines of credit.
Interest Expense
The cost incurred by an entity for borrowed funds, represented as the interest payments due to lenders.
Amortized
The process of gradually reducing the cost (or value) of an intangible asset through systematic charges to expense over its useful life.
Semiannually
Occurring twice a year, or every six months.
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