Equity is an asset to a business as it sets the position of any business owner. It is also known as capital, shareholders equity, or net worth.... View Article
Equity is not real money because it is the portion of the owner's equity that would be returned to the shareholders after assets were to be... View Article
Stocks and equity are used interchangeably, they both constitute ownership in a company and are traded in the stock market. Stocks are pertinent... View Article
Equity is the total amount of investments made by the owners of a business. Equity= Total assets - Total liabilities. Also read: Debt to... View Article
Equity refers to the total amount of return that the business owners get after providing for all liabilities, paying off any debts and loans,... View Article
Final goods are the end result of the production cycle, which means these products do not go further into the production phase. These products... View Article
Capital goods are durable products that last for a long period of time such as machinery, plants, buildings and tools, electricity, and coal,... View Article
Some of the examples for consumer preferences products are Rolex watches, artisanal handcrafted food, Louis Vuitton handbags, Rolls Royes cars.... View Article
Capital goods are not final goods as capital goods are used by a business to further its production. Capital goods consist of the physical assets... View Article
The two types of final goods are producer goods and consumer goods. Producer goods are those goods that are used in the further production of... View Article
An intermediate process is where the production cycle has begun and the materials are in progress. These goods and services neither fall into the... View Article
Only final products and services are accounted for since a firm has to stay away from numerous counts. The costs take care of the expense of... View Article
Retailers are the end of the marketing channel distributors, they are the ones who sell the finished product to its end customers. Retails... View Article
Examples of goods are wheat, furniture, machinery, blankets, toys, and automobiles. Examples of services are any professional services rendered... View Article
Milk acts as both an intermediate good as well as a final good, depending on the consumer who purchases it. A regular household purchases milk... View Article
Lumber is an intermediate good because it can be converted to other final goods like wooden furniture, wooden flooring, window panes, etc. Also... View Article
Goods and services that are available only at a point of existence are called scarce goods. For example, gold, labour, oil, tools, machinery,... View Article
Durable goods are those products that are used repeatedly over a period of time. The life of these products is high and the price paid to possess... View Article
