What Is an Asset’s Useful Life? A tangible asset is any asset in physical form. Tangible assets include fixed assets such as machinery, land, and buildings. Tangible assets can also be current assetssuch as inventory. Any tangible asset has a useful life of more than one year. Factors involved in
Category: Business News
What Are Progress Billings? Progress billings are invoices requesting payment for work completed to date. Progress billings are prepared and submitted for payment at different stages in the process of a major project. This type of billing is common in projects that last a long time. It allows the person
Tesla Inc. (TSLA) stock has plummeted in recent weeks, dropping more than 60% off the all-time high at $969 posted in February. The decline has caught many shareholders off guard because the stock held up well in the weeks following the China outbreak, even though the company had to close
The iShares MSCI Emerging Markets Index Fund (EEM) has reached a deep support zone after a vertical decline to a four-year low and could turn higher in coming weeks, powered by China’s rapid recovery from the coronavirus outbreak. The uptick could also signal a major power shift from West to
What Is an Official Settlement Account? An official settlement account is a special type of account used in international balance of payments (BoP) accounting to keep track of central banks’ reserve asset transactions with one other. The official settlement account keeps track of transactions involving gold, foreign exchange reserves, bank
What Is an Investment Fund An investment fund is a supply of capital belonging to numerous investors used to collectively purchase securities while each investor retains ownership and control of his own shares. An investment fund provides a broader selection of investment opportunities, greater management expertise, and lower investment fees
While some of the world’s top coffee-producing nations are well-known, others may come as a surprise. More than 70 countries produce coffee, but the majority of global output comes from the top five producers: Brazil, Vietnam, Colombia, Indonesia, and Ethiopia. 1. Brazil The production of coffee has played a pivotal
While they are commonly referred to as fees, mutual funds charge investors what is called an “expense ratio” as payment for managing the fund. However, understanding mutual fund expense ratios can be confusing. There are a variety of factors that contribute to a fund’s total expense ratio. It seems as
GameStop Corp. (GME) shares fell about 10% during Thursday’s session after two activist investors delivered a letter to the board demanding representation on the board. Hestia Capital Partners and Permit Capital Enterprise note that shareholders have lost 85% of the value of their investment over the past five years and
