Glossary

[A - C] | [D - F] | [G - I] | [J - O] | [P - R] | [S - Z]


P

Preferred Stock: Balance Sheet account. A class of stock which has certain rights ( e.g., rights to dividends, class voting rights, etc.) superior to those of Common Stock.

Property, Plant and Equipment: Balance Sheet account. The dollar cost of land, buildings, equipment and associated productive assets used in the operations of a business.

Property, Plant and Equipment (Net): Finance Term. Property, Plant and Equipment, minus Accumulated Depreciation.

Provision (Credit) for Income Tax: Statement of Net Earnings account. Federal and state income tax expense (credit).


Q

Quick Ratio: Finance statistic. Cash, plus Accounts Receivable, divided by Current Liabilities.


R

Required Debt Service: Finance statistic. Total Interest Expense, plus Current Maturities.

Retained Earnings: Balance Sheet account. Cumulative Net Earnings of a business not yet paid out to its owners.