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1、FREQUENTLYUSEDSYMBOLSACPAveragecollectionperiodADRAmericanDepositoryReceiptAPRAnnualpercentagerateARAccountsreceivablebBetacoefficient,ameasureofanasset’smarketriskbLLeveredbetabUUnleveredbetaBEPBasicearningpowerBVPSBookvaluepershareCAPMCapitalAssetPricingModelCCCCashconversioncycleCFCashflow;CFti
2、sthecashflowinPeriodtCFPSCashflowpershareCRConversionratioCVCoefficientofvariationΔDifference,orchange(uppercasedelta)DpsDividendofpreferredstockDtDividendinPeriodtDCFDiscountedcashflowD/EDebt-to-equityratioDPSDividendspershareDRIPDividendreinvestmentplanDRPDefaultriskpremiumDSODayssalesoutstandin
3、gEAREffectiveannualrate,EFF%EBITEarningsbeforeinterestandtaxes;netoperatingincomeEBITDAEarningsbeforeinterest,taxes,depreciation,andamortizationEPSEarningspershareEVAEconomicValueAddedF(1)Fixedoperatingcosts(2)FlotationcostFCFFreecashflowFVNFuturevalueforYearNFVANFuturevalueofanannuityforNyearsgGr
4、owthrateinearnings,dividends,andstockpricesIInterestrate;alsodenotedbyrI/YRInterestratekeyonsomecalculatorsINTInterestpaymentindollarsIPInflationpremiumIPOInitialpublicofferingIRRInternalrateofreturnLPLiquiditypremiumM(1)Maturityvalueofabond(2)Margin(profitmargin)M/BMarket-to-bookratioMIRRModified
5、InternalRateofReturnMRPMaturityriskpremiumMVAMarketValueAddednNumberofsharesoutstandingNCalculatorkeydenotingnumberofperiodsN(di)RepresentsareaunderastandardnormaldistributionfunctionNOPATNetoperatingprofitaftertaxesNOWCNetoperatingworkingcapitalNPVNetpresentvalueP(1)PriceofashareofstockinPeriodt;
6、P0=priceofthestocktoday(2)SalespriceperunitofproductsoldPcConversionpricePfPriceofgoodinforeigncountryPhPriceofgoodinhomecountryPNAstock’shorizon,orterminal,valueP/EPrice/earningsratioPMTPaymentofanannuityPPPPurchasingpowerparityPVPresentvaluePVANPresentvalueofanannuityforNyearsQQuantityproducedor
7、soldQBEBreakevenquantityr(1)Apercentagediscountrate,orcostofcapital;alsodenotedbyi(2)Nominalrisk-adjustedrequiredrateofreturnˉr“rbar,”historic,orrealized,rateofreturn^r“rhat,”anexpectedrateofreturnr*Realrisk-free