Installment Sale Definition

What Is an Installment Sale? An installment sale is one of several possible approaches to revenue recognition under the rules of Generally Accepted Accounting Principles (GAAP). More specifically, this method accounts for when revenue and expense are recognized at the time of cash collection rather than at the time of sale. Based on GAAP, this is the principal method of …

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Top 15 of the best memes about high school, the good old days

There are two types of people: those who have bad memories of high school, those who have good memories of high school, and those who tenderly coat themselves in marmalade before rolling in gravel while singing. The sea by Charles Trenet. So that’s three types of people. In short, this top is aimed more at the first two categories, namely …

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Banking And Securities Industry Committee (BASIC) Definition

What Is the Banking and Securities Industry Committee (BASIC)? The Banking and Securities Industry Committee (BASIC) was established in 1970 to standardize, automate, and streamline the processing of stock certificates and options. This committee sought to uphold uniform rules and regulations regarding the trading and settlement of securities. The Banking and Securities Industry Committee attempted to reduce the physical exchange …

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Top 10 people who have pretended to have been hacked, seriously?

It’s not easy to always be proud of yourself, to assume your job (especially when you’re a debt collector, for example) or to speak loud and clear about what you’re saying. That’s why some quickly hide behind the hacking of their account so as not to have to carry the weight of their speech on their frail shoulders all their …

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Top 12 Hidden Details in The Simpsons Secrets of Springfield

You know it, we know it, my grandmother knows it: sometimes there are hidden jokes in cult series or super discreet details, those famous “easter eggs” that only the most assiduous viewers notice. After more than thirty years of existence, you can imagine that the Simpsons has a lot of little hidden tricks, but I admit that it would take …

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Subscription Right Definition

What Is a Subscription Right? A subscription right is the right of existing shareholders in a company to retain an equal percentage ownership by subscribing to new stock issuances at or below market prices. The subscription right is usually enforced by the use of rights offeringswhich allow shareholders to exchange rights for shares of common stock at a price generally below …

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Top 12 fake news that we have seen too much on Twitter, stooooop

Between the false myths that everyone believes in and the urban legends that we have heard too much, you have to know how to slalom if you want to avoid making a fool of yourself at the family meal by telling completely false stories. And how can we tell you that we are not helped by Twitter where people often …

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Top 9 countries that have another calendar (and it’s weird)

In France, as in almost all countries in the world, we use the Gregorian calendar. Adopted 434 years ago by Pope Gregory XIII, it has established itself as a planetary reference, in particular thanks to its solar component. Even if it is THE universal system, some countries have kept another traditional calendar. Either by refusing outright the Gregorian calendar, or …

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Johnson & Johnson Rebounds Below ‘Reversion to the Mean’

Health care giant Johnson & Johnson (JNJ) is a component of the Dow Jones Industrial Average. The company has a winning streak of beating earnings per share (EPS) estimates in 30 consecutive quarters. The stock is in bear market territory at 20.3% below its all-time intraday high of $154.50 set on Feb. 6, but the share price is now 12.8% …

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