COST OF SALES see COST OF GOODS SOLD.
NET RECEIVABLES are a companys accounts receivable (money owed to the company) minus any provisions for bad debts. A firm with a sustainable competitive advantage shows a lower percentage net receivables to gross sales than their competitors, i.e. a firm with a sustainable competitive advantage need not be generous with credit.
BANK BASE RATE is the annual interest rate on which British banks calculate lending charges (minimum lending rate).
Enter a term, then click the entry you would like to view.