COO -- Chief Operating Officer -- Definition & Example
Sep 29, 2020 · The COO is often viewed as the CEO's second-in-command. There is a lot of variety in the COO's job across industries and companies, but in general the COO's job description entails overseeing a company's operations on a more detailed basis than the CEO. The COO also translates the board's and the CEO's strategic objectives into executable plans.
Certificate of Insurance (COI) | Definitions & Examples
Aug 8, 2020 · COI Example. For contracted work where significant liability may be incurred, clients need proof that a contractor is “covered” for any possible liabilities. The COI provides proof that the company holds the proper insurance coverage. So, for example, the construction of a large parking lot may be contracted to a company that will demolish ...
CDO: Collateralized Debt Obligation Definition - InvestingAnswers
Sep 29, 2020 · A collateralized debt obligation (CDO) is a security that repackages individual fixed-income assets into a product that can be chopped into pieces and then sold on the secondary market. They are called collateralized because the assets being packaged -- mortgages, corporate debt, auto loans or credit card debt- - serve as collateral for investors.
SOX -- Sarbanes-Oxley Act -- Definition & Example
Oct 7, 2020 · The Sarbanes-Oxley Act of 2002 came in the wake of some of the nation's largest financial scandals, including the bankruptcies of Enron, WorldCom, and Tyco. As such, the Act is widely considered to contain some of the most dramatic changes to federal securities laws since the 1930s. The Sarbanes-Oxley Act goes beyond requiring corporate boards ...
Inferior Good Definition & Example - InvestingAnswers
Sep 29, 2020 · Consumers of inferior goods 'trade up' to higher priced goods as soon as they can afford it. Transportation provides a good example. When income is low, it makes sense to ride the bus. But as income increases, people stop riding the bus and start buying cars. It's acceptable to most people to ride the bus when they can't afford a car.
Financial Terms Starting with C - InvestingAnswers
5 days ago · Custodian. Cyclical Industry. Cyclical Stock. Cyclical Unemployment. InvestingAnswers' glossary of financial definitions and business terms that begin with the letter "C".
F. Duane Ackerman Definition & Example | InvestingAnswers
Sep 29, 2020 · The breakup spawned competition in cable television, cell phone service, wireless communication services, and even VoIP. Duane Ackerman was part of a core group of CEOs and executives who made this happen. Ackerman’s sale of BellSouth to AT&T marked a full-circle chain of events involving one of the largest antitrust events in American history.
Net Income | Example, Formula & Meaning | InvestingAnswers
May 17, 2021 · By using the formula we can see that: Net Income = $2,000,000 - ($1,000,000 + $500,000 + $25,000 + $75,000 + $50,000 + $100,000) = $250,000. After taking the company's $2 million in revenue – and subtracting the $1,750,000 in total expenses it had over the year – Company Y was left with a net income of $250,000. 2.
What is EBITDA - How Do You Calculate EBITDA? - InvestingAnswers
May 27, 2021 · D = Depreciation (read definition of depreciation) A = Amortization (read definition of amortization) There are many different ways to measure corporate profits, including net income, operating income, and a host of other metrics (keep reading for further details). The benefit of EBITDA is that it measures the profits generated by a firm's day ...
CAGR | Meaning, Formula & Definition | InvestingAnswers
Feb 8, 2021 · With the figures in the CAGR definition above, the absolute return would be 567% (or (5000 - 750) / (750) X 100) = 567). Using the Investing Answers CAGR calculator, the total was 37.97%. This makes the CAGR a better measure of growth because it accounts for the 5 years of ups and downs.