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What are transaction costs? Transaction costs are the expenses incurred when buying or selling a good or service. Transaction costs represent the labor required to bring a good or service to market, giving rise to entire industries dedicated to facilitating trade. From a financial perspective, transaction costs include broker fees commissions and spreads, which are the differences between the price …

Berkshire Hathaway earnings results Metric Beat/Miss/Match Reported value Analyst prediction Earnings per share ($) To lack (29,754) (4,079) Revenue ($B) To lack 9.3 57.5 Operating profit ($B) To beat 9.3 6.9 Source: Forecasts based on the consensus of analysts from visible alpha Berkshire Hathaway (BRK.A) Financial Results: Analysis Berkshire Hathaway, Inc. (BRK.A, BRK.B) announced results for the second quarter of …

What is a firewall? A firewall is a legal barrier preventing the transfer of inside information and the performance of financial transactions between commercial and investment banks. The restrictions imposed on collaborations between banks and brokerage firms within the framework of the Glass–Steagall Act of 1933 acted as a form of firewall. One of the purposes of a firewall is …

When it comes to choosing investments for your 401(k), the number of options available can be overwhelming. There are, however, a number of relatively simple investment strategies you can use to get the most out of your 401(k). One strategy is to invest in a target date fundwhich will automatically optimize your wallet for retirement on a certain date. Another …

What is a Beneficial Owner A beneficial owner is a person or entity that receives the benefit of ownership. As the true owner, the asset is under the name of the person or entity, and they are entitled to any benefit from it. The true owner can sometimes be difficult to determine if there are more than one person or …

What is the Government Accounting Standards Board (GASB)? The Government Accounting Standards Board (GASB) is a private organization non-governmental organization that creates accounting reporting standards, or generally accepted accounting principles (GAAP)for state and local governments in the United States. Key points to remember: The Government Accounting Standards Board (GASB) is a private, nongovernmental organization that creates accounting reporting standards for …

Daily office wear jewelry for women are mostly lightweight and easy to wear. Generally, jewelry are delicate and suitable for work. One piece of jewelry for office that is easy to carry and looks lovely is a bracelet or a bangle. Even if you are going for 9 to 5 job or in a corporate, you can make sure that …

Charcoal mask is surely the latest trend popular in the beauty world. Not just women but men are also apparently impressed with charcoal face masks and packs, considering its immense benefits for all skin types. And when it comes to oily skin, it’s just amazing in getting rid of blackheads and breakouts on the face. Other than regulating the oil …

What is Spot Delivery Month? In the commodity futures markets, the spot delivery month is the earliest possible month in which the commodity underlying the futures contract will be deliverable. It is also known as month near or month ahead. The opposite of the spot delivery month is the month backwhich refers to the last month in which the goods …