AFTER-TAX RETURN ON SALES
A measurement of profitability that tells how well the company disposes its sales revenue. For the calculation of the after-tax return on sales, the after-tax net income of the company must be divided by its total revenue. The result will be then multiplied by 100 to be converted to percentage; a higher percentage indicates a more efficient disposal of the company's sales revenue.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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