Why do accountants use debits and credits instead of simple pluses and minuses? Why is the notation for a debit “DR”?

July 9, 2024 No Comments

A: Debits and credits, and the technique of double-entry accounting, are credited (no pun intended) to a Franciscan monk by the name of Luca Pacioli. Known as the “Father of Accounting”, he warned that you should not go to sleep until your debits equaled your

Why do analysts sometimes give an overweight recommendation on a stock?

June 30, 2024 No Comments

A: Financial analysts give their opinions of the future performance of a security. They can give performance ratings of underweight, overweight and market perform to a security. If analysts give a stock an overweight rating, they expect the stock to outperform its industry in the

Why do analysts sometimes give an overweight recommendation on a stock?

July 7, 2024 No Comments

Why do analysts sometimes give an overweight recommendation on a stock?

July 9, 2024 No Comments

Why do companies use reverse/forward stock splits?

June 30, 2024 No Comments

A: Companies will use reverse/forward stock splits mainly in an attempt to save future administrative costs. A reverse/forward stock split involves two corporate actions: first, the company will perform a reverse stock split, and will immediately follow with a forward stock split. The purpose of

Why do companies use reverse/forward stock splits?

July 7, 2024 No Comments

Why do companies use reverse/forward stock splits?

July 9, 2024 No Comments

Why do shareholders need financial statements?

June 30, 2024 No Comments

A: Shareholders need financial statements to evaluate their equity investments and help them make informed decisions as to how to vote on corporate matters. When evaluating investments, shareholders are able to glean meaningful data found on financial statements. There are a number of tools shareholders

Why do shareholders need financial statements?

July 7, 2024 No Comments

Why do shareholders need financial statements?

July 9, 2024 No Comments

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