Home › Finance Formulas › Inventory Cost Formula › Goods Sold Formula Explanation Accounting Corner Inventory Take Cogs Major World Definition Equation Tur Ratio Value Calculate Ending Total Types Lead Time Lifo Economic Order

Finance Formulas / July 19, 2018 / Alia Marquez

An immediate payment annuity is an annuity contract that is purchased with a single payment and pays a guaranteed income that starts almost immediately. Also called a "single-premium immediate annuity (SPIA)," "income annuity" or simply an "immediate annuity," an immediate payment annuity generally starts payment one month after a premium is paid and continues for as long as the annuitant (buyer) is alive or for a specific period of time.

The asset turnover ratio is an efficiency ratio that measures a company’s ability to generate sales from its assets by comparing net sales with average total assets. In other words, this ratio shows how efficiently a company can use its assets to generate sales.

99 out of 100 based on 410 user ratings

We Also Think You’ll Like

Knowingpains

Category

© 2018 Knowingpains. All rights reserved