click below
click below
Normal Size Small Size show me how
Mrs. Welsh
| Term | Definition |
|---|---|
| Return On Sales | The Ratio of net income to total sales |
| ratio analysis | Calculation and interpretation of a financial ratio |
| Financial ratio | a comparison between two components of financial information |
| financial accounting | the area of accounting that focuses on reporting information to external users |
| Managerial accounting | the area of accounting that focuses on reporting information to internal users |