A pro forma balance sheet is used to predict the future health of a business. Business owners prepare pro forma financial statements to use for business plans or to deliver to investors. They also develop and use them to plan future business decisions. When a company prepares a pro forma balance sheet, it usually starts … Read more
INDEX Bank of America loan rates and conditions Compare Bank of America with its competitors How to apply for a Bank of America loan Contact phone Customer service and claims Bank of America customers acquire loans that are designed to finance a new home, refinance an existing mortgage, or to purchase a car. The Bank … Read more
INDEX Types of coverage or policies that Progressive offers Telephone for customer service The auto insurance Progressive are among the most important in this group of insurers. Based on the 2015 data, it covered 8.8% of the national market in this sector, ranking fourth in sales. It started as an insurance company in 1937, until … Read more
INDEX Types of coverage or policies that GEICO offers Telephone and Customer Service GEICO The GEICO auto insurance began to be sold in 1936, when the company was founded in the state of Texas. In its beginnings, it offered plans for government employees, which gave rise to its name by Government Employees Insurance Company (GEICO). … Read more
Gold! Worthy representative of wealth and means of refuge of value. Its chemical properties, durability, malleability, resistance, striking color and brightness made it one of the most precious chemical elements since ancient times. The pure gold is somewhat soft whether or flattens sheet and can quickly lose shape, so it is not very common to … Read more
At the request of many of our readers, we will explain in depth what “penny stocks” are, and by investing in these stocks they were able to make huge profits. You may be interested in investing in penny stocks to double your money quickly. But, before blindly investing in penny stocks, it is very important … Read more
Working out exactly how many stamps you need to send a parcel or letter can be a confusing process. Skip to find out how many stamps you need to send: How many stamps do I need per ounce How many stamps do I need for a package How many stamps do I need for a … Read more
We explain what an economic region is, its characteristics, function and examples from around the world. In addition, other types of regions. What is an economic region? When we speak of an economic region, we refer to an area of the Earth’s surface in which a certain type of productive activity is carried out, for … Read more
Bill gates It is one of the successful business benchmarks of the 21st century. Its merit is not only in owning one of the great multinationals of our time, Microsoft but in the fact that it has become what it is now: a benchmark company in computer software and the most highly valued in the … Read more
It is important to know the dangers of debt, as well as the terms of it. But today we are going to talk about what the prescription of debt means and what happens next. First of all, the prescription of a debt He wants to refer to knowing when the term of debt is fulfilled, … Read more
Alienation is transferring possession of a good from one person to another. This operation can take place in different ways, such as buying and selling, transferring or donating. Alienation then refers to the fact of handing over the domain of property from one individual to another. This, regardless of whether or not there was an … Read more
The criminal record is the temporary record in a record official sanctions imposed on a person by virtue of a final judgment, issued by a criminal court or tribunal. That is, they are the legal consequences determined in a firm judicial resolution, of a sanctioning order, which derives for an individual for his authorship of … Read more
A mortgage moratorium is an offer by the bank to a customer to defer mortgage payments for a specified period of time. The moratorium is always subject to a series of circumstances that affect the client’s ability to pay. A mortgage moratorium is an offer a bank makes to a customer, in which he is … Read more
Many times we refer to the CPI to talk about the variation in prices in a specific country or territory. Thanks to it, we can know how much the average cost of consumption in households and families has increased or decreased. Therefore, it is necessary to know who is in charge of carrying out these … Read more
In calculating GDP we find two possibilities: When a year is determined as the base year, it is called Real GDP or GDP with constant prices. On the other hand, if the prices of that year are used, the GDP obtained is called Nominal GDP or GDP with current prices. What is the difference between … Read more
Neoliberalism is a theory of political-economic practices that emerged in the second half of the 20th century based on 19th-century liberalism. To understand what it is and how it is distinguished from liberalism, it is necessary to review its most important characteristics below. Private property, free market and free trade Neoliberalism maintains the foundations of … Read more
Before delving into answering the question in the article, readers should know what it means to be in bankruptcy to know the context. When you are in bankruptcy, It is because there is a legal procedure through which it is originated when a natural person (an individual) or a legal person (a company) does not … Read more
Before we start talking about what the declaration of lavishness means, it is important that we analyze the meaning of the word itself. Prodigality is called the conduct of a person characterized by the habitual in the dissipation of their own assets, wasting them in a disorderly way. Our Civil Procedure Law grants the spouse, … Read more
When we decide to invest in certain financial products, we must take into account the different conditions that we assume when dealing with the options that we have. Today we are going to talk to you about a specific type: mortgage certificates. We talk about mortgage certificate to the securities that offer us a return … Read more
One of the big questions employers often ask when filing for bankruptcy is how long or how long. The process can be tedious and impertinent, especially for those who expect to collect something from it. For this reason, we are going to clear up the doubt about how long this time can be, so you … Read more
The IASB, or International Accounting Standards Board, is an agency dedicated to establishing a set of independent, international accounting standards. This body is made up of an issuing Board that is designated and supervised in turn by a group from different geographical areas and professional training in the area. What is the IASB? The IASB … Read more
The communication department can only aspire to excellence if they are characterized by achieving a close alignment between their own objectives and those of the business. However, linking the communication strategy with the overall objectives of the organization remains an ongoing and unresolved challenge in companies around the world. Despite the frequently claimed need for … Read more
It is very common to hear about the terms gross and net, both when we talk about wages, when we analyze a company’s income statement or when they tell us macroeconomic data. The gross and the net measure the same magnitude, but they are different concepts and you have to know how to distinguish them … Read more
Many times savings and investment are used as synonyms. However, although they are strongly related, they are actually very different. The difference between the two concepts, fundamentally, is the destination of money. The common point between the two is that we cannot have our money at that moment. On the one hand, we call the … Read more
We are going to see the difference between leasing and renting, which are two similar financing options that are increasingly frequent but that have some differences. Firstly, both consist of the long-term rental of an asset, which is usually a vehicle, a building, or technological equipment. Both leasing and renting are only offered for new … Read more
The difference between businessman and entrepreneur is an often discussed concept due to the development of these roles in a changing and constantly evolving economic and business environment to date. By linguistic definition, the entrepreneur is one who owns or runs a company, while the entrepreneur runs a business with innovative ideas. However, due to … Read more
Companies mainly use two types of accounting: financial accounting and cost accounting. Both have a very high importance and are very useful in the management of a company. They present relevant differences between them that we are going to see below, separated in different aspects. We are going to see the differences between cost accounting … Read more
The fundamental difference between spending and investment is the expected return on each of them. While the investment is expected to achieve a return in the future, the expense is the simple use of a good or service in exchange for a consideration. In other words, when we invest, we do so with the aim … Read more
The difference between international trade and foreign trade lies in the breadth of the concept. International trade refers to the trade of all goods and services worldwide. Meanwhile, the concept of foreign trade is often used to mention a country’s transactions against the rest of the world. It is common to confuse the concept of … Read more
What is the difference between a credit and debit card? The difference between a credit and debit card is how you pay for a purchase, with the debit card the amount is charged directly to your own account and with the credit card you can defer it and pay it in the future, generally the … Read more