Examlex
A university found it retained 25 students out of 352 in 2012 and 36 students out of 334 in 2013.
Relevant Exchange Rates
The currency rates used to convert transactions involving foreign currencies into the reporting currency for financial reporting purposes.
Fair Value
The price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
Cash Consideration
The total amount of cash that is paid or received during a transaction, such as buying an asset or settling a liability.
Net Realisable Value
The estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale.
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