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Citrus fruit has always been distributed from areas where the fruit is grown to other parts of the country, often by train. In the early 1900s train cars were heated with coal, and it was believed that this heat helped ripen the fruit. Imagine the surprise of growers and suppliers when fruit that arrived in new boxcars heated by steam arrived unripe. Why did the fruit no longer ripen?
Intra-Entity Transactions
Transactions that occur between divisions or units within the same company, often used for internal accounting purposes.
Variable Interests
Financial interests in an entity that change with changes in the entity's net asset value, such as interests in a variable interest entity.
Voting Common Stock
Shares of a corporation giving holders the right to vote on corporate matters, such as the election of the board of directors.
Straight-Line Method
A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its expected useful life.
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