Introduction The book value is the price that an individual pays for an asset. Market value is the price that an individual can sell an asset. The book value does not change as long as&hellip
Posts By Wandimi Jean
Difference Between Bank and Credit Union
Introduction A credit bank is a financial cooperative that is nonprofit. A union exists because it fills a gap and it serves the members. A union seeks to share resources to the members and to&hellip
Difference between Amortization and Capitalization
Introduction In accounting, there are principals of valuing an asset called amortization and capitalization. While getting the cost of an asset, a person considers depreciation and amortization. In the later method people subtract the salvage&hellip
Difference between LLC and S Corp.
Introduction A limited liability company LLC and S Corp have many similarities and differences. A limited liability company is a type of company that the state statute allows. There are different regulations in the state.&hellip
Difference Between Loan and Bond
Introduction There are different types of debts and some of them include loans and bonds. A loan is the amount that a person or company borrows from another party for a period of time while&hellip
Impact of Low Oil Prices
Introduction Oil is one of the most vital commodity in the world market. There are countries that are oil rich and they export to the countries that do not have oil. Oil is a source&hellip
Brief History of Chocolate
Introduction Chocolate comes from the cocoa plant. People first discovered cocoa in a land that is the present day Mexico. This happened during the Aztec period. Chocolate is a dynamic food because people keep changing&hellip
Benefits of Outsourcing
Introduction Outsourcing is the practice of businesses using other firms to perform activities that would otherwise take place in a company. Most small businesses outsource activities like recruitment, accounting, and payroll among other functions. It&hellip
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