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Economist named losses that are cause by harmful unwanted side effects as exterior diseconomies of production or consumption. Diseconomies of consumption take place when uncompensated loss to others attributable to consumer’s actions whereas, Diseconomies of production come up when a manufacturer’s proceedings outcome in an unrewarded damages in direction of others. Very necessary to consider, […]
It also provides the technical skills for using double-entry accounting techniques. Public companies are required to perform financial accounting as part of the preparation of their financial statement reporting. Small or private companies may also use financial accounting, but they often operate with different reporting requirements. Financial statements generated through financial accounting are used by […]
This can be useful given that a company’s stock price, in and of itself, tells you nothing about the company’s overall valuation. Further, comparing one company’s stock price with another company’s stock price tells an investor nothing about their relative value as an investment. The price-to-earnings ratio can also be calculated using an estimate of […]
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