The first one is obvious, as you need to make calculations and apply a mathematical method. As basic as it is, it requires a dedication that is not so important in the straight-line method. If we apply it to life as an example, we can say that it is the loss of value due to…
Financial activities are activities that companies undertake to help achieve their economic goals and objectives. They include events and transactions that affect a business’ equity and long-term liabilities. Anything to do with the movement of money, i.e., cash inflows and outflows, is a financial activity. Subtract both the $149,000 of debt repaid and $50,000 of…
While they both factor in a company’s revenue and the cost of goods sold, they are a little different. Gross profit is revenue less the cost of goods sold, which is expressed as a dollar figure. A company’s gross margin is the gross profit compared to its sales and is expressed as a percentage. If…
Individual investors can submit non-competitive bids through the TreasuryDirect website. Non-competitive bid auctions allow investors to place a bid for a specific dollar amount of bills. The yield received by investors is based on the average auction price from all bidders. A T-Bill is a U.S. government debt obligation that matures in one year or…