One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months). ...
Economists define cash as a physical form of money, such as banknotes and coins. Bookkeepers and financiers explain cash money as a current asset, including currency or its equivalent, that can be accessed immediately. Cash existed in the form of coins until Venetian merchants started using the...
AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each yea...
which is the equivalent of $6.2b. as oci reports its financial results in us dollar, i will use the usd as base currency throughout this article unless indicated otherwise. cash flow, cash flow, cash flow just like cf industries (
AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each yea...
This is a significant restriction, but a necessary one. If you start talking about the equivalent of scratch cards with bar codes, RFID cards with balances stored in a secure memory sector, or some kind of esoteric banknote with an embedded chip, then you are no longer talking about the ki...
You canbuild your own T-Bill ladderat TreasuryDirect.gov or via a brokerage account with a bond desk like Vanguard and Fidelity. Here are the currentTreasury Bill rates. As of 4/5/23, a new 4-week T-Bill had the equivalent of4.61%annualized interest and a 52-week T-Bill had the eq...
Gold record in sight as ETF inflows skyrocket –ETF.com Gold timers have rarely been more bullish than they are today, and that’s bearish –MarketWatch Naughty corner: Active antics Letting go of investment decisions –Worth Hedge fund titans grab lion’s share of the industry’s spoils[Sear...
The insurance will only give an amount equivalent to the replacement cost ($500,000) multiplied by the ratio (0.75) minus deductible ($5,000). So the amount covered by the insurance is only $370,000 (500,000 x 0.75 = 375,000 – 5,000 = 370,000). You will also get a coinsurance...
The insurance will only give an amount equivalent to the replacement cost ($500,000) multiplied by the ratio (0.75) minus deductible ($5,000). So the amount covered by the insurance is only $370,000 (500,000 x 0.75 = 375,000 – 5,000 = 370,000). You will also get a coinsurance...