Oneaccounting terms, When an asset (real estate, equipment, transport vehicle …) has been used for years, it is normal that it has lost its value, that is, it has suffered a depreciation. That last value that an asset has at the end of its useful life is what I know as residual value. Any asset, … Read more
The employment regulation file, commonly known as an ERE, is an administrative and labor process through which a company obtains legal authorization to fire its workers. In addition, the request for an ERE can be demanded both by the employer or the company itself and by the representatives of the works. As a general rule, … Read more
Reinsurance is the contract signed by a reinsurer pursuant to a contract signed by an insurer, assuming part of the risk that it entails. In this way, all that candeteriorate A certain insurance will be distributed between both companies (the insurance company and the reinsurer). Reinsurance allows offering greater confidence and support to insurance companies, … Read more
The PEG (Price / Earnings to Growth, or also known as Price / Earnings to Growth) ratio shows the years of benefits or the time required for a company to recover the money it invested in buying its shares if the profit from the acción it would have been constant. How is the PEG ratio … Read more
Market value is a term that represents the value of an item used at a given time. Usually the term market value is used in the sale of vehicles. To refer to market value who owns a used vehicle when it is put up for sale. The use of this term is also common in … Read more
Added value is a subjective term, which could be defined as the element that contributes to the end customer choosing our service or product instead of the competition. This added value must provide a benefit to the consumer, answering the question why the customer chooses our article over another. Therefore, we must carry out a … Read more
The volume of business is the total set of income that a company receives as a result of its activity. This income comes directly from the economic transactions that have been carried out by the company during a certain time. In addition, the concept of business volume directly includes the total value of those goods … Read more
The statistical variable is a characteristic or quality that an individual in a population possesses statistics and that it is prone to acquire certain values, which can be measured and are, for example, age, height, weight, etc. Types of statistical variables There are different types of statistical variables that are classified according to the characteristics … Read more
The variance in terms of probability and statistics is a variable represented through the dispersion of some data. Thus, the definition of variance is therefore the result of deviations with respect to the distribution mean. In other words, the concept of variance is an arithmetic mean. What is the variance for? The theory of variance … Read more
The concept of value chain was introduced by Porter, when he divided the different activities of the company, in order to determine how to offer the highest possible value to the customer. It is, therefore, a strategic analysis tool. Its function is to determine what are the competitive advantages of a certain business or company … Read more
