Explore topic-wise fullforms in Accounts and Finance

Asset turnover (ATO), total asset turnover, or asset turns is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company. Asset turnover is considered to be an Activity Ratio, which is a group of financial ratios that measure how efficiently a company uses assets. Asset turnover can be further sub-divided into fixed asset turnover, which measures a company's use of its fixed assets to generate revenue, and working capital turnover, which measures a company's use of its current assets minus liabilities to generate revenue. Total asset turnover ratios can be used to calculate Return On Equity (ROE) figures as part of DuPont analysis. As a financial and activity ratio, and as part of DuPont analysis, asset turnover is a part of company fundamental analysis.

Companies with low profit margins tend to have high asset turnover, while those with high profit margins have low asset turnover. Companies in the retail industry tend to have a very high turnover ratio due mainly to cutthroat and competitive pricing.

Asset Turnover = Net Sales Revenue Average Total Assets {\displaystyle {\mbox{Asset Turnover}}={\frac {\mbox{Net Sales Revenue}}{\mbox{Average Total Assets}}}}

INFO: Full form for IIT is Individual Income Tax in Accounts and Finance category
IIT also has other full forms in other categories mentioned below.

INFO: Full form for SPA is Society of Practising Accountants in Accounts and Finance category
SPA also has other full forms in other categories mentioned below.

INFO: Full form for TRS is Transaction Reporting System in Accounts and Finance category
TRS also has other full forms in other categories mentioned below.

INFO: Full form for ALE is Annual Legal Expenditure in Accounts and Finance category
ALE also has other full forms in other categories mentioned below.

INFO: Full form for ALE is Account Level Equivalence in Accounts and Finance category
ALE also has other full forms in other categories mentioned below.

INFO: Full form for UTA is Under Trust Agreement in Accounts and Finance category
UTA also has other full forms in other categories mentioned below.

INFO: Full form for PBIT is Profit Before Interest and Taxes in Accounts and Finance category
PBIT also has other full forms in other categories mentioned below.

INFO: Full form for EBITA is Earnings Before Interest Taxes and Amortization in Accounts and Finance category
EBITA also has other full forms in other categories mentioned below.

INFO: Full form for EBIDT is Earnings Before Interest, Depreciation, and Taxes in Accounts and Finance category
EBIDT also has other full forms in other categories mentioned below.

Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been designated to be in need of economic revitalization. Similar or related value capture strategies are used around the world.

Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through forgone tax revenue. The first TIF was used in California in 1952. By 2004, all 50 American states had authorized the use of TIF, except Arizona. The first TIF in Canada was used in 2007.

INFO: Full form for ITR is Inquiry To Remittance in Accounts and Finance category
ITR also has other full forms in other categories mentioned below.

INFO: Full form for OTR is Order To Receipt in Accounts and Finance category
OTR also has other full forms in other categories mentioned below.

The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. For a person or couple to claim one or more persons as their qualifying child, requirements such as relationship, age, and shared residency must be met.

EITC phases in slowly, has a medium-length plateau, and phases out more slowly than it was phased in. Since the credit phases out at 21% (more than one qualifying child) or 16% (one qualifying child), it is always preferable to have one more dollar of actual salary or wages considering the EITC alone. (Investment income, however, is handled far less gracefully, as one more dollar of income can result in the sudden 100% loss of the entire credit.) If the EITC is combined with multiple other means-tested programs such as Medicaid or Temporary Assistance for Needy Families, it is possible that the marginal tax rate approaches or exceeds 100% in rare circumstances depending on the state of residence; conversely, under certain circumstances, net income can rise faster than the increase in wages because the EITC phases in.

The earned income tax credit has been part of political debates in the United States over whether raising the minimum wage or increasing EITC is a better idea. In a random survey of 568 members of the American Economic Association in 2011, roughly 60% of economists agreed (31.7%) or agreed with provisos (30.8%) that the earned income tax credit program should be expanded.

INFO: Full form for ATP is Authorised Training Principal in Accounts and Finance category
ATP also has other full forms in other categories mentioned below.

INFO: Full form for ITA is Israeli Tax Authority in Accounts and Finance category
ITA also has other full forms in other categories mentioned below.

INFO: Full form for FTR is Financial Transmission Right in Accounts and Finance category
FTR also has other full forms in other categories mentioned below.

INFO: Full form for ATB is Aged Trial Balance in Accounts and Finance category
ATB also has other full forms in other categories mentioned below.

INFO: Full form for ATB is Accounting Terminology Bulletins in Accounts and Finance category
ATB also has other full forms in other categories mentioned below.

INFO: Full form for PE is Price Earnings in Accounts and Finance category
PE also has other full forms in other categories mentioned below.