What is Fiat money or currency ?
Introduction Fiat money is a currency or can be called a medium of exchange that has been established as money, often by government regulation. Fiat money doesn’t have intrinsic value and …
What is Mean?
What is Mean? Mean is a crucial idea in maths as well as stats. The mean is the ordinary or one of the most usual worth in a collection of numbers. …
Guide to Trustee Accounting
What is Trustee Accounting? A trust accounting is a detailed record that contains information about all income and expenses for a trust. A trust accounting should include details about: Trust assets, …
Operating Income Formula
What is Operating Income? Operating income is called as Earnings Before Interest & taxes (EBIT) or operating profit. It is the revenue left after subtracting operational direct and indirect expenses from …
Purchase Price Allocation (PPA)
Purchase Price Allocation The most memorable moment in any M&A transaction is often when the deal is signed to buy or sell the company. It is just one stage in the …