What Is a Baby Boomer? “Baby boomer” is a term used to describe a person who was born between 1946 and 1964. The baby boomer generation makes up a substantial portion of the world’s population, especially in developed nations. According to the latest census report, it represents 73 million of the population in the United
What Were the Baby Bells? The term Baby Bells refers to a series of regional telephone companies that provided telephone service to consumers in the United States. They were formed in 1984 following a U.S. Department of Justice antitrust suit against AT&T’s—or Ma Bell’s—monopoly in an effort to create more competition within the industry. The
What Is a Baby Berkshire? Baby Berkshire is a nickname for Berkshire Hathaway Class B shares after the 50:1 stock split on Jan. 21, 2010. The stock split made it easier for Berkshire Hathaway to pay for its acquisition of the Burlington Northern Santa Fe railroad. The primary difference between Berkshire Hathaway’s Class A stock
What are Baby Bills? Baby Bills is a nickname for the smaller companies Microsoft (MSFT) would have been broken into if Microsoft had been forced to dissolve after having been found guilty of violating antitrust laws in 1999. In 2000, a judge ordered Microsoft to break apart into smaller companies, but an agreement was reached in
What Is a Baby Bond? A baby bond is a fixed income security that is issued in small-dollar denominations, with a par value of less than $1,000. The small denominations enhance the attraction of baby bonds to average retail investors. Key Takeaways A baby bond is one that has a face value of less than
What Is an Average Collection Period? Average collection period refers to the amount of time it takes for a business to receive payments owed by its clients in terms of accounts receivable (AR). Companies use the average collection period to make sure they have enough cash on hand to meet their financial obligations. The average
What Is the Average Age of Inventory? The average age of inventory is the average number of days it takes for a firm to sell off inventory. It is a metric that analysts use to determine the efficiency of sales. The average age of inventory is also referred to as days’ sales in inventory (DSI).
What Are Average Annual Current Maturities? Average annual current maturities are the average amount of current maturities of long-term debt the company has to pay over the next twelve months. The calculation involves adding up all the current maturities for the year and dividing it by the number of debts. Key Takeaways Average annual current
What Is Average Balance? The average balance is the balance on a loan or deposit account averaged over a given period, usually daily or monthly. The daily or monthly average balance is calculated using multiple closing balances over the selected period of time. A simple average balance between a beginning and ending date is calculated by
What Is Average Collected Balance? The average collected balance is the average balance of collected funds (less any uncleared or uncollected deposits) in a bank account over a specified period, usually one month. The average collected balance is calculated by summing all of the daily collected balances in the period and dividing by the number
