UNAPPLIED CASH Definition

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UNAPPLIED CASH see UNAPPLIED FUNDS.

Learn new Accounting Terms

DIRECT EXPENSE is that portion of expense that is directly expended in providing a product or service for sale and is included in the calculation of COST OF GOODS SOLD, e.g. labor and inventory.

FINANCIAL LEVERAGE is the use of debt to increase the expected return on equity. Financial leverage is measured by the ratio of debt to debt plus equity.

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