CREDIT LINE Definition

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CREDIT LINE is the maximum credit that a customer is allowed.

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APE is Account Period Ending (Normally followed by the date the accounting period ends). See also Accounting Period.

GROSS SURPLUS RATIO measures the margin on each dollar of operating revenue for the entity in question. The operating results before interest and depreciation, or gross surplus, are calculated as a percentage of total operating revenue. The gross surplus ratio shows the gross surplus as a percentage of the entitys turnover. If the percentage is high this could be interpreted as a sign that the entity is operating efficiently.

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