NET CURRENT ASSETS Definition

Bookmark and Share

NET CURRENT ASSETS see WORKING CAPITAL.

Learn new Accounting Terms

TAX EQUIVALENT YIELD is the yield that must be offered before factoring in taxes so that an investment pays off a certain after-tax yield. This measure is often necessary to compare taxable and tax-free investments, since tax-free issues tend to have lower pre-tax yields due to the fact that the investments proceeds will not be reduced by taxes. Tax equivalent yield is equal to required after-tax yield divided by (1 minus the tax rate).

AFGHANI is the currency of Afghanistan.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.