Financial Management: Principles and Applications, 13/e

A

• Abandonment option, project, 432

• Abnormal risk, 278

• Accounting

  • accrual method, 66, 556

  • break-even analysis, 423–426 , 424f, 429, 436

  • as language of business, 39–40

  • principles, 41–42, 45, 61, 105

• Accounting Oversight Board, 45n, 45n3

• Accounts payable

  • balance sheet listing, 51, 53f

  • costs of, 450

  • deferral period, 583, 599

  • defined, 69

  • as spontaneous financing source, 556–557

• Accounts receivable

  • aging of, 594–596 , 596t

  • average collection period, 85, 89

  • balance sheet listing, 53f

  • defined, 41, 67

  • factoring, 587, 588t

  • investment determinants, 593f

  • liquidity of, measuring, 85–86

  • management of, 593–596

  • pledging, 587, 588t

  • as source of cash, 58

  • turnover ratio, 85–86 , 89, 96f, 106t, 111, 112

• Accredited investors, 24, 34

• Accrual method, 66 ...