Over the past few years, OPEC+ meetings have focused on reducing oil production to help stabilize oil prices after the COVID-19 pandemic, which dramatically reduced demand and led to significantly lower oil prices. More recently, on April 2, 2023, OPEC+ members agreed to cut oil production by 1.2 million b/d until the end of 2023, […]
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Payroll software can be extremely affordable, costing from $40 per month plus $10 or less per employee. With all of the time, energy and potential liability involved in payroll, this is well worth the price. Learn how to get set up, pay your team, find HRsupport and benefits, and sync with accounting soyou can manage […]
Generally, interest rates on short-term loans are lower than rates for long-term loans, but rates can vary with changing economic conditions. This is because lenders consider long-term loans riskier since payments are stretched over several years, and the possibility exists that the company could go out of business before the loan is repaid. The short-term […]
Common stock is the “default” type of stock, but it’s not the only type. There’s also preferred stock, which differs from common stock in its voting rights, dividend payment process and priority level in the case of company bankruptcy. At first glance, the stock market appears to be daunting and hard to understand. An IPO […]
Below liabilities on the balance sheet is equity, or the amount owed to the owners of the company. Since they own the company, this amount is intuitively based on the accounting equation—whatever assets are left over after the liabilities have been accounted for must be owned by the owners, by equity. These are listed at […]
In addition to being at the helm of Tesla, Musk is CEO of rocket ship company SpaceX. In 2022, he also purchased Twitter, which is now called X, for $44 billion. While he no longer serves as CEO of the social media platform, he still holds broad influence—and has faced ample pushback from issues ranging […]
Similarly, an auction is also an invitation to treat, where each bid received by the auctioneer is an offer. An oral offer cannot be enforced against the offerer for agreements concerning real estate, contracts for the sale of goods priced at $500 or more, and transactions that cannot be completed within one year. These restrictions […]
Below we’ll cover their basic definitions and functions, how they factor into the balance sheet and provide some formulas and examples to help you put them into practice. Marketable securities are investments that can be readily converted into cash and traded on public exchanges. This applies to cryptocurrency, for example, and other more standard marketable […]
Suppose a furniture-making company, Wood Ltd. sells furniture worth 30,000 to QRT Ltd. on credit. Therefore, QRT Ltd. will become a debtor for Wood Ltd., whereas Wood Ltd. will become a creditor for QRT Ltd. As per the golden rules of accounting, Sundry Creditor A/c is a personal account. Similarly, debit a decrease in Creditors […]
Таким образом, Банк России, сам являясь участником межбанковского денежного рынка, влияет на его ставки и тем самым — на экономику. Управление банковской ликвидностью и ставками денежного рынка — неотъемлемый этап проведения денежно-кредитной политики. В дополнение к основной цели — поддержанию ценовой стабильности — Банк России устанавливает операционную цель — сближение ставок в сегменте «овернайт» денежного рынка с ключевой ставкой. При этом могут увеличиться расходы бюджета на обслуживание внешнего государственного долга. Таким образом, после введения […]