Inventory

INVENTORY: Assets intended for sale, being produced for sale or being used to produce goods for sale.

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Non-Current Assets

Non-Current Assets: Company assets that will not be converted into cash or consumed within a business cycle, or more generally, within one year.

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Current Assets

Resources that a company may readily access, either because they are on hand as cash or because a company can reasonably expect to convert them to cash by sale or consumption within one business cycle (up to one year).

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Notes to the Financial Statement

GAAP-prescribed disclosures and explications that impact the company's financial condition, but cannot be reflected by mere numbers. Found at the end of a company's consolidated financial statement.

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Statement of Stockholders' Equity

Financial statement that shows the periodic changes in a company's retained earnings and capital invested in the company.

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Statement of Cash Flows

Financial report in which companies classify cash receipts and payments as having stemmed from operating, investing or financing activities.

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Income Statement

Financial report that shows how much a company earns during a specified period of time (generally, a quarter or year).

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Balance sheet

A company's statement of financial position at a particular point in time, showing assets, liabilities and stockholder's equity.

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Generally Accepted Accounting Principles (GAAP)

Accepted rules, conventions, standards, and procedures to which most companies conform when reporting financial information.

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Performance-Vesting Shares

Equity compensation grant that vests upon the achievement of specified corporate goals.

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