Tuesday, November 15, 2011

Vocab 7

Accounts Recieveable: The money that is owed to a buisness. With my buisness I want the accounts recievble to be much larger that the accounts payable.
Economic Index: An index of the economy. Everytime I look at my investments I am looking at an economic index.
Amoritize: Consolidating an paying off your debt. I would amoritize my debt so that I can consolidate it and can get it paid off faster.
Depriciation: When something goes down in value. As soon as you drive a brand new car off the lot the value of it depriciates.
Gross Margin: Profit divided by net sales. The gross margin fell this year because my profit was down. 

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