⟩ What is net realizable value?
The amount to be received in the ordinary course of business minus the costs of completion and disposal.
The amount to be received in the ordinary course of business minus the costs of completion and disposal.
What is net property, plant and equipment?
What is accounts receivable, net?
What is net cash provided by operating activities?
What is loss on disposal, net of tax?
What is net income?
Explain assets?
Assets are sometimes defined as resources or things of value that are owned by a company. Some examples of assets which are obvious and will be reported on a company's balance sheet include cash, accounts receivable, inventory, investments, land, buildings, and equipment.
Explain an accounting period?
What is income statement?
What are revenues?