Intermediation of market activities dependent on short-term funding grew by 5.4% in 2019, representing 8.2% of the narrow measure. Broker-dealers that are not prudentially consolidated into banking groups constitute the largest EF3 entity type. The... Read more
The material yield variance for March was favorable because company actually produced 32,340 tons of output which was higher than the standard output of 31,000 tons based on input quantity of 34,100 tons. Generally, yield variance uses direct m... Read more
In addition, the Commission may deny any claim that lacks legal or factual merit, or is made in bad faith, without first holding a hearing. The process can be very lengthy depending on many factors that can influence the amount of time required to r... Read more
While traditional commercial real estate investments have become synonymous with millions of dollars, a commercial REIT will allow investors to buy into a business one share at a time. As a result, the barrier to entry is considerably lower, and the... Read more
Consider what happens when values in a market are heavily inflated and lenders begin competing on loan terms like amortization periods and interest rates. This doesn’t stop loans from successfully passing through the underwriting phase, but it... Read more
Second lien loans are subordinate to first lien loans and therefore have a lesser claim to collateral. Covenant-lite first lien loans do not require financial maintenance convenants. Shown as a percentage of Floating Rate Portfolio's total investmen... Read more
These costs are also treated as period expenses and are not allocated to the product. Variable costing, also known as direct costing or marginal costing, only includes variable manufacturing costs in the product cost. If a company prefers the variab... Read more
E-checks and credit card payments are processed in very different ways. E-check uses ACH for fund transfer and does not use the card networks. It leads to lower processing fees and can turn out to be very beneficial to businesses that deal with larg... Read more
A high ROI means the investment's gains compare favourably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments. In economic terms, it is one w... Read more
A. In job-order costing, costs are accumulated by job order. In process costing, costs are accumulated by department. In process costing, the cost per unit in a department is found by spreading the period's manufacturing costs over the production ac... Read more
