NIFO Definition

NIFO is Next-In, First-Out.

Learn new Accounting Terms

COST OF DEBT is interest rate times 1 minus the marginal tax rate (because interest is a tax deduction). An increase in the tax rate decreases the cost of debt.

INCOME GEARING RATIO is Interest Expense / Operating Profit.

Suggest a Term

Enter Search Term

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

Purchase and download Glossary
Only $9.95