ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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K-1, SCHEDULE Definition
K-1, SCHEDULE is an IRS form used to report a beneficiarys share of income, deductions, credits, and other items from certain trusts or partnerships.
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NOMINAL DOLLARS are dollars that have not been adjusted for inflation.
DAYS CASH ON HAND is calculated: Cash/([operating expense - depreciation expense]/365).