ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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BLUE SKY LAW Definition
BLUE SKY LAW is a law providing for state regulation and supervision of the issuance of investment securities.
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MARKET TO BOOK VALUE is calculated by dividing the market value (MV) of a company, i.e., the total value of all its outstanding shares, by the value of its tangible assets (TA). Also known as TOBIN RATIO = MV/TA.
FINANCIAL BUDGET is focused on capital expenditures and on a business's budgeted cash position: