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Economic Value Added

A measure of the amount profit remaining after adjusting for the return expected by an entity's investors. It is equal...

EVA

It stands for economic value added; a measure of the amount profit remaining after adjusting for the return expected by...

Economic Profit

The positive difference between total revenue generated by a business and its explicit costs and implicit costs. In other words,...

Accounting Profit

Profit or loss pertaining to a specific accounting period before deducting tax expense. In other words, it refers to profit...

Returns Inwards

Goods which are returned to the business (entity) by its customers for whatever reason (defective or damaged goods, different goods...

Sales Returns

Goods which are returned to the business (entity) by its customers for whatever reason (defective or damaged goods, different goods...

Unearned Revenue

A revenue that an entity/ a business has not yet earned. In other words, it refers to all amounts received...