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What does it mean to be a figurehead?
A nominal head or leader without real power. Or a carving set at the prow of an old fashioned sailing ship
Types of definition?
Different types of definitions include stipulative, descriptive, explicative, real, and nominal.
What does not resembling anything real mean?
No
What does the word realistic mean?
As real as possible.
What is the real name for chest?
I think you mean chess
The process of dividing a nominal quantity by a price index in order to express the quantity in real terms is called?
Deflating!
What is nominal price and real price?
Real price is in a mud nominal price is in your FACE
Liabilities is real accounts or nominal accounts?
nominal account.
Can TVM be used to evaluate the real return or just the nominal return?
TVM, or Time Value of Money can certainly be used to calculate a real return. The only difference between a nominal return and a real return is inflation, so simply discount your future cash flows by anticipated inflation and you have a real return. In simpler terms assuming inflation is steady you could simply deduct inflation from your nominal return. For example a nominal 7% return with 3% inflation could be desribed as a 4% real return.
Is depreciation real or nominal account?
It is a real contra account. The nominal account associated with depreciation is depreciation expense.
Is accumulated depreciation real or nominal account?
It is a real contra account. The nominal account associated with depreciation is depreciation expense.
Is inventory a nominal account?
real
What does it mean if real GDP were growing faster then nominal GDP?
It means that inflation is negative, also known as deflation.
Is suspense account a nominal account?
Not necessarily. It can be of any type. Real, Personal or Nominal.
What is difference nominal cash flow and real cash flow?
Assuming we're using the cash-flows (Cf) and the required return rate (r) to calculate the Net Present Value (NPV), We need to follow the Rule of Consistency, which is to say, if our (r) is stated in real terms, we must use Real (Cf), and vice versa. Helpful formulas: To adjust Real (Cf) to Nominal, we compound it (n) periods, using the rate of inflation (inf), viz: (Cf-real) * (1+inf)^(n) Similarly, to adjust Nominal (Cf) to Real, we discount it viz: (Cf-nominal) / (1+inf)^(n) The Fisher Theorem illustrates the relation between real and nominal rates, viz: (1+r-nom) = (1+r-real) * (1+inf)
Is Sales Account nominal or real account?
real accounts
What is the difference nominal cash flow and real cash flow?
Difference between real and nominal cash flow is that nominal cash flows uses the inflation information as well for calculation of nominal cash flow of future while real cash flow don't use that information for calculation.
