You can use also get a snapshot idea of profitability using return on average equity (ROAE). The shareholder equity ratio indicates how much of a company’s assets have been generated by issuing equity shares rather than by taking on debt. The lower the ratio result, the more debt a company has used to pay for…
Продолжить читать...Fiat vs Representative Money: What’s the Difference?
The US Dollar, Euro, British pound, and Yen are all examples of fiat money backed by an issuing government. You’ve probably heard the expression, “Backed by the full faith and credit of the US government,” in reference to the dollar. Its value is based on people’s trust in the authorities that issue it. In modern…
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