Business finance: The ultimate guide for non-finance people
BMT Office Administration
JUNE 26, 2023
That trend continued in 2021, with only 34% of small businesses applying for bank loans. A fiscal year simply represents the 12-month period that a business uses for its accounting, taxes, and budgeting purposes. Equity refers to the total value of a company’s assets minus the cost of its debts. Why is that?
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