BROKER Definition

Bookmark and Share

BROKER is an individual or firm that acts as an intermediary between a buyer and seller, usually charging a commission.

Learn new Accounting Terms

COVERAGE OF FIXED CHARGES is computed by taking your net income, before taxes and fixed charges (debt repayment, long-term leases, preferred stock dividends etc.), and dividing by the amount of fixed charges. The resulting number shows your ability to meet your fixed obligations of all types i.e. the higher the number, the better.

NET SALES TO GROSS SALES shows the percent of all transactions that may be considered as "good" net transactions. Differences may arise from returns, bad product, or other sales concessions.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.