Simple Example of Inventory Valuation

What is Inventory Valuation The finance professionals consider Inventory Valuation as the dollar amount linked with all the items associated with the company’s stock. We must solely focus on the amount since it’s considered the cost of the mentioned items. Nevertheless, it is possible that due to some feeble situations or environmental uncertainty, the same … Read more

Compensating Balance and its benefits

Introduction: The finance professionals have labeled ‘compensating balance’ as the most minimal amount of balance that needs to be maintained in order to keep the account running. It should be in our best interest that compensating balances are commonly used to overcome the unbalanced portion of the expense that banks might experience when extending the … Read more