Sales tax is a consumption-based tax that is indirectly charged on the consumer at the point of final purchase of a good or service. The indirect feature of the tax means that the consumer bears the...
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How to calculate outstanding shares
Investors can find a company's number of outstanding shares reported on its financial statements. There are a few reasons a company's total common shares outstanding could change. Several factors ca...
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8 Pros and Cons of a School Voucher System HRF
This matters - because in those countries where privately-managed schools receive higher proportions of public funding, there is less social segregation. The first lesson is that successful choice-b...
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Accounting Oveview, Importance, Types, Careers
With financial accounting, businesses can use both accrual and cash accounting methods to determine net income. It also uses a standard set of rules, called the Generally Accepted Accounting Princip...
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75 Basic Accounting Terms and Definitions
Unearned premiums are the portion of the premium that corresponds to the unexpired part of the policy period. Premiums have not been fully “earned” by the insurance company until the policy expires....
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