What is Backward Integration?“Backward integration refers to the process in which a company purchases or internally produces segments of its supply chain.”Backward integration can be simply d...
What is Backup Withholding (BWH)?It is expected of every taxpayer with certain kinds of income payments to report these payments on an information return (federal income tax return). The income paymen...
What is Backtesting?Backtesting refers to the process of applying an analytical method or trade strategies on the existing model in order to observe how accurately the strategies would predict or dete...
What is Backlog in finance? This is usually a list of work that needs to be completed. While this definition is a general one, in accounting and business, Backlog might mean that the company is y...
The 52 Weeks High/Low is a record on the price of the stock for the past 52 weeks. It is a record of the highest and lowest stock price the previous year that helps stock investors to monitor the curr...
THE AMERICAN STOCK EXCHANGE The American Stock Exchange is now referred to at the New York Stock Exchange following the successful acquisition that took place on the 1st of October 2008. The Am...
Section 501(c)(3) is part of the Internal Revenue Code that allows nonprofit making organizations to be exempted from payment of tax. Organizations that usually benefit from this exemption are chariti...
This is simply a fixed-interest rate paid subsequently for five years but subjected to adjustment after the first five years. It is also known as a 5-year ARM or 5-year-fixed period ARM. From the name...
WHAT IS EARNINGS BEFORE INTEREST AND TAXES (EBIT): Meaning, Relationship With Debt And Taxes, Applications And Shortcomings Meaning of EBIT Earnings before interest and taxes is a metric that...
Apple reported it’s earnings earlier today, January 28, 2020, and the numbers were outstanding. The company saw growth in almost every area of its business. Iphone sales, Apple watch sales, Cl...