CAPITAL CHARGE is a monetary amount, calculated by multiplying the money the business has tied up in capital, by the weighted average cost of capital (WACC). Capital charge is deducted from net operating profit after tax to arrive at Economic Profit.
ACCRUAL ACCOUNTING see ACCRUAL BASIS OF ACCOUNTING.
M1 is the narrowest measure of the U.S. money supply; includes currency in circulation plus demand deposits (checking account balances).
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