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Average Cost Flow Assumption Definition.

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The Average Cost Flow Assumption is an accounting principle that stipulates that the cost of inventory should be based on the average cost of the goods purchased during the period. This means that the cost of goods sold (COGS) will be based on the average cost of the inventory on hand during the period. This … Read more

Cash and Cash Equivalents (CCE) Definition: Types and Examples.

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What are cash and cash equivalents? cash and cash equivalents are assets that can be readily converted into cash. Common examples include cash on hand, checking and savings accounts, short-term investments, and money market instruments. What is CCE in finance? CCE, or cost of capital employed, is a financial metric used to measure the efficiency … Read more