Bevvy 
An equity fund is a mutual fund that invests in stocks. Equity funds can be either actively managed or index funds. Index funds track a benchmark index, such as the S&P 500, and attempt to replicate the performance of the index. Actively managed equity funds are managed by a team of professional stock pickers who … Read more
Who qualifies as a qualified institutional buyer (QIB)? What happens if QIB is not subscribed? If a QIB is not subscribed, the following things can happen: 1. The company may not be able to raise enough capital. 2. The company may have to offer more shares at a lower price, which can dilute the value … Read more
The definition of closing entry is the operation through which the record of operations of a company is stopped, to provide a vision of the equity, the economic situation of the company and the results at a certain point in time. The closing entry is intended to make the debit balances equal numerically with the … Read more
