Inflation - a period of gradually rising prices. Examples include patents, copyrights, goodwill and trademarks. Inventory Turnover - a measure of the liquidity of inventory by dividing cost of goods sold by average inventory. Liabilities - probable future sacrifices of economic benefits arising from present obligations to transfer assets or provide services in the future as a result of past transactions or events. Liquidity - the ability to pay bills when they are due.
Liquidity reflects an asset's or liability s nearness to cash.
Margin - revenues minus specified expenses. Matching Principle - an accounting principle that requires all expenses to be recognized in the same accounting period as the revenues with which they are associated. Net Loss - the excess of expenses over revenues. Net Present Value - present value of all cash inflows and outflows of a project or from a unit at a given discount rate. Owner s Equity.