Thursday, August 21, 2008

Quote of the Day

The definition of a great company is one that will be great for 25 or 30
years. - Warren Buffett

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

price to sales ratio

Term of the Day - price to sales ratio


A stock's capitalization divided by its sales over the trailing 12 months.
The value is the same whether the calculation is done for the whole company
or on a per-share basis. A low price to sales ratio (for example, below
1.0) is usually thought to be a better investment since the investor is
paying less for each unit of sales. However, sales don't reveal the whole
picture, since the company might be unprofitable. Because of the
limitations, price to sales ratio are usually used only for unprofitable
companies, since such companies don't have a price/earnings ratio (P/E
ratio).
SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……





************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

adjusting events

Term of the Day
For Monday, August 18, 2008
adjusting events
Definition
Material events that occur between the date of preparation of financial
statements and the date of their approval by the management. Such events
must be reflected in the financial statements of a firm, to comply with the
requirement of giving a 'true and fair view' of its financial position. A
non-material (non adjusting) but significant event may be disclosed in the
notes (footnotes) to the financial statements. Also called post balance
sheet events.
adjusting events is in the Accounting & Auditing, Banking, Commerce &
Finance and Corporate, Commercial, & General Law subjects.
adjusting events appears in the definition of the following term: post
balance sheet events.
This content can be found on the following page:
http://www.businessdictionary.com/definition/adjusting-events.html

SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……

GOLDEN QUOTE

Success springs from calmness of the mind. It is a cold iron which cuts and
bends hot iron.

Wednesday, August 20, 2008

Quote

Quote of the Day


If all the rich people in the world divided up their money among themselves
there wouldn't be enough to go around. - Christina Stead

SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

commercial paper

Term of the Day - commercial paper


An unsecured obligation issued by a corporation or bank to finance its
short-term credit needs, such as accounts receivable and inventory.
Maturities typically range from 2 to 270 days. Commercial paper is
available in a wide range of denominations, can be either discounted or
interest-bearing, and usually have a limited or nonexistent secondary
market. Commercial paper is usually issued by companies with high credit
ratings, meaning that the investment is almost always relatively low risk.


SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……


************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

MISCOMMUNICATION

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************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

MARKUP

Term of the Day
For Wednesday, August 20, 2008
markup
Definition 1
Budgeting: Line-by-line review of a budget for approval, disapproval, or
modification by a committee formed for the purpose.
Definition 2
Distribution: Difference in prices at different stages (price points)
between a producer and the ultimate buyer.
Definition 3
Pricing: Amount added to the cost price of an item to cover incidental
costs (interest, labor, taxes, utilities) and to provide for profit in the
item's selling price.
markup is in the Accounting & Auditing, Advertising, Marketing, & Sales,
Distribution & Logistics and Planning & Scheduling subjects.
markup appears in the definitions of the following terms: rich text format
(RTF), principal basis, Ramsey pricing, inventory turnover and vendor
analysis.
This content can be found on the following page:
http://www.businessdictionary.com/definition/markup.html
************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

GOLDEN QUOTE

When people cannot stand by you because they do not understand you, God
will stand by you.

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

Quote

Quote of the Day


It's one of the ironies of investing. The rich can afford to take risks,
but they don't need to. The poor need to take risks, but they often can't
afford to. - Jonathan Clements


SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************