CAPITAL EXPENDITURE RATIO Definition

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CAPITAL EXPENDITURE RATIO is the ratio of capital expenditure and other investments to total assets. It is used as a proxy for growth opportunities in a financial analysis.

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GAAP is Generally Accepted Accounting Principles or Generally Accepted Accounting Procedures (less common).

PRINCIPAL AUDITOR is the auditor responsible for the greater portion of financial statements. The principal auditor may assume responsibility for the work of other auditors or divide responsibility with the other auditors.

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