DISCOUNTED EARNINGS determines the value of a business based upon the present value of projected future earnings, discounted by the required rate of return (capitalization rate). Usually, the question is how well earnings are projected.
FOREIGN SALES AGENT or REPRESENTATIVE is an entity that works to sell your merchandise in a foreign country. Equivalent to the 'Manufacturers Representative' in the U.S.
SCOPE PARAGRAPH, in accounting, is the paragraph in the audit report that explains the scope of the engagement.
Enter a term, then click the entry you would like to view.