Lake Baikal (World’s Largest, Deepest Lake), Siberia, Russia

Lake Baikal (World’s Largest, Deepest Lake), Siberia, Russia

The largest freshwater lake and deepest lake in the world are both found in Lake Baikal (/baɪˈkɑːl, -ˈkæl/, Russian: Oзеро Байкал, romanized: Ozero Baykal (ˈozʲɪrə…
Natural Monopoly

Natural Monopoly

In a particular market, a natural monopoly exists if a single firm can serve that market at a lower cost than any combination of two…
As Covid Spending Declines, the US Budget Deficit is Cut in Half But is Still Significantly Higher than it was Before the Outbreak

As Covid Spending Declines, the US Budget Deficit is Cut in Half But is Still Significantly Higher than it was Before the Outbreak

In fiscal year 2022, the US budget deficit was reduced by half, a record-breaking $1.4 trillion decrease brought on by the cessation of significant pandemic-related…
What is Journalizing?

What is Journalizing?

The process of recording a business transaction in accounting records is known as journalizing. This activity is only applicable to the double-entry accounting system. The…
Accounts Receivable Turnover Ratio

Accounts Receivable Turnover Ratio

Accounts receivable turnover is defined as the ratio of a period’s average accounts receivable divided by the period’s net credit sales. This ratio provides the…
How Covid Inspired Asian Businesses To Revolutionize Mental Health Assistance With Technology

How Covid Inspired Asian Businesses To Revolutionize Mental Health Assistance With Technology

Many Asian nations enacted stricter Covid-19 regulations than those on other continents, which has raised worries about increased stress, anxiety, and isolation. Young businesspeople are…
Calculate Average Accounts Receivable

Calculate Average Accounts Receivable

The average accounts receivable figure is required in certain situations to avoid measurement problems. An enterprise typically includes its ending accounts receivable balance in a…
Energy Accounting

Energy Accounting

Energy accounting is a system for measuring, analyzing, and reporting on the energy consumption of various activities on a regular basis. This is done to…
Fair Market Value – in Finance

Fair Market Value – in Finance

The fair market value (FMV) of a business, stock, real estate, or other asset is the reasonable selling price. An estimate of fair market value…
Natural Resource Economics

Natural Resource Economics

Natural resource economics is concerned with the supply, demand, and allocation of natural resources on Earth. It focuses on the supply, demand, and allocation of…
Assumptions of Neoclassical Economics

Assumptions of Neoclassical Economics

The primary concern of neoclassical economics is the efficient allocation of limited productive resources. It also considers long-term resource growth, which will allow for increased…
The Complexity of Increasing Rangeland Management in Africa, According to New Research

The Complexity of Increasing Rangeland Management in Africa, According to New Research

Particularly when people need to share scarce resources, the world is a wickedly complicated place. For instance, herding communities in northern Namibia suffer from poverty,…
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