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What are the characteristics of an efficient market? The word market efficiency refers to the speed, ease, and cost of trading securities. In a well-organized market, securitie
Advantages of Residual Theory 1. Saving on floatation costs No require to raise debt or equity capital as there is high retention of earnings that necessitates no floatat
Differences between Equity Finance and Preference Dissimilarity between Equity Finance and Preference are as follows: Ordinary share capital
Why is cost classification important
Who is Floor Broker Floor brokers aren't many in number. They execute orders for fellow members and receive a share brokerage commission charged by a commission broke
Government Budget Deficit If the Government spends much more than it gets in from tax revenue, it runs a budget deficit. This deficit should be covered or financed either via
Type of Partnerships There are two main kinds of partnerships. Namely: Ordinary Partnership - An ordinary partnership is one in which all members have unlimited liability.
what are financial markets. why do they exist
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Require the relevant authoritative literature on the lower- of- cost- or- market rule for valuing inventory using the FASB's Codification Research System. Clarify the circumstance
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