ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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INDEX OF LEADING ECONOMIC INDICATORS Definition
INDEX OF LEADING ECONOMIC INDICATORS is compiled by the U.S. Commerce Department and is a composite of 12 economic measurements.
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PERSISTENT EARNINGS is the level of earnings, from accounting to accounting period, that are continually recurring.
RETURN ON INVESTED CAPITAL (ROIC) is a measure of how effectively a company uses the money (owned or borrowed) invested in its company operations. It is calculated by: net income after taxes / (total assets less excess cash minus non-interest-bearing liabilities).