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Weak Dollar Definition.



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The term “Weak Dollar Definition” is used to describe a situation in which the value of the US dollar is decreasing in relation to other currencies. This can be caused by a number of factors, including economic conditions, political instability, or even rumors. When the value of the dollar decreases, it takes more dollars to … Read more

What is the Statement of changes in equity?



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The Statement of Changes in Equity or ECPN for its acronym, is one of the financial statements that includes the general accounting plan. The statement of changes in equity is relatively new, it was introduced as mandatory for all companies except SMEs in 2007, with the modification of the General Accounting Plan (PGC) approved by … Read more