EXPORT BROKER Definition

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EXPORT BROKER is an entity that brings together foreign buyers with domestic manufacturers for a fee, generally providing little other services. An EMC, who is also a middleman, often provides extensive services to complete the transaction as well.

Learn new Accounting Terms

AVERAGE AGE OF INVENTORY is calculated by the formula: 365 / inventory turnover.

PAYOUT RATIO is dividends paid divided by company earnings over some period of time, expressed as a percentage.

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