When goods are produced to make consumer goods, then it is an intermediate or semi-finished product. But that's not all!...
Bua cement is an industrial goods industry. It is similar to Dangote cement. Bua Cement 2020 annual report is available...
One way to invest your money is by purchasing bonds in the bond market. But most of these debentures are...
Small companies need finance to grow. However, banks are not willing to give these firms the required fund. One reason...
In this article, I computed the working capital (WC) for Dangote Cement using the financial statement for 2020. To calculate...
Conversion cost is an important term to any manufacturing business. You might be a shoe cobbler (someone who makes shoes),...
Foreign currency translation reserves are a type of capital reserve. It arises when a business has foreign offices. This office...
When errors are made in accounting, those mistakes may not be found until after the profit or loss statement is...
Dangote Sugar net working capital was positive for the 2020 annual report. Calculating the WC for this company wasn't stressful....
The International standard-setting body, the IFRS Foundation is made up of a three-tier structure. That is the Monitoring Board, the...