SPECIFIC IDENTIFICATION INVENTORY VALUATION METHOD
Specific identification inventory valuation method is the means of doing inventory to ensure all items are on track. This method is most often utilized with larger items namely vehicles, appliances, and furniture. However, it may also be utilized in keeping track of certain securities. What this method does is pick a certain lot of securities that will be the basis for a sale in order to cut down and even offset capital gains.
POPULAR TERMS
Hybrid Indicator
A type of technical indicator that combines the core elements of chart analysis with existing indicators. Hybrid indicators are one of the two prim ...
The Smith Maneuver
Strategy of making an interest on a residential mortgage tax-deductible in Canada. Unlike in the US, mortgage interest is not tax-deductible and mu ...
Europe, Australasia, Far East - EAFE
Acronym referring to the economically developed regions outside North America and Canada.
Exhaustion Gap
Gap occurring following a rapid rise in a stock’s price starts to dwindle. It normally demonstrates dropping demand for a certain stock. Many ...
Applied Cost
It is a term that is used in cost accounting to signify the cost of something (raw materials, acquisition, etc) which might be different from its a ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | Tertiary Industry Index | Dec | |
| 02:30 | PMI Composite | Dec | |
| 03:45 | Markit Services PMI | Dec | |
| 09:30 | Retail Sales | Nov | |
| 10:15 | PMI Services | Dec | |
| 10:15 | Composite PMI | Dec | |
| 10:45 | PMI Services | Dec | |
| 10:45 | PMI Composite | Dec | |
| 10:50 | PMI Services | Dec |
