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Cash Accounting is the accounting method where only finalized transactions are documented.
Larger, publicly traded companies are actually not allowed to use Cash Accounting because it can’t keep up with all the Payable, Receivables, and so forth that large companies have to keep on their books.
Instead, larger companies are required by the SEC to use Accrual Accounting, which makes ledger entries for cash that has not yet be paid or received, among other things.
Cash accounting makes sense for smaller business where no credit purchases or financing is used, but all transactions are settled instantaneously.
A margin trade is one where the trader uses other securities or cash as collateral, for a transaction without purchase
Several large and well-known investment banks and companies are major players in the ETF industry. There are several...
In general, Social Security Benefits will only be paid in cases where individuals paid into the system
Dollar cost averaging (DCA) is a method of hedging against the risk of investing a lump sum at high market prices
The Price to Earnings ratio is a company’s stock price relative to its net income per share
Deflation is an economic term used to describe a trend of broad-based price declines for goods and services
Adjusted Cost Basis (ABC) is the value of an item for tax purposes, adjusted for depreciation and expenditures
Return on Investment (ROI) is a ratio used to compare the net income of a project or investment to the amount invested
Bitcoin is technically illegal in a few parts of the world, but for the most part, it remains in the extra-legal realm, existing outside of the traditional legal system
Similar to other cryptocurrencies, litecoin can be purchased through major cryptocurrency exchanges and wallet apps