The company has significant minority holdings in blue chip companies such as Apple, American Express Coca-Cola, and Wells Fargo. Berkshire Hathaway’s CEO Warren Buffett is known as the “Oracle of Omaha” for his shrewd investing acumen. His 2017 net worth of $85 billion makes him the third richest person in the world. After all, a […]
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The cash method provides an immediate recognition of revenue and expenses, while the accrual method focuses on anticipated revenue and expenses. Accrual accounting uses double-entry accounting, where there are generally two accounts used when entering a transaction. This method is more accurate than cash basis accounting because it tracks the movement of capital through a company and
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No se debe olvidar que las dinámicas de exclusión de nuestro mundo ahora también están generando un nuevo tipo de descartados, los descartados digitales cuyas “huellas” de datos en las nubes son limitadas o inexistentes. Este riesgo es aún mayor que el analfabetismo digital, ya que se trata de una nueva forma de invisibilidad, exclusión
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Most companies list cash and cash equivalents together on their balance sheet, but some companies list them separately. Cash equivalents are investments and other assets that can be converted into cash within 90 days. These assets are so close to cash that GAAP considers them an equivalent. However, the current ratio includes more assets in the numerator;
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