That was the takeaway from the Municipal Securities Rulemaking Board’s Thursday report examining trends in internal and external liquidity since 2011. External liquidity is defined as “when a customer ...

The accounting cycle involves a number of steps that are repeated in each reporting period as they correspond to the business processes. They verify the transactions and are implemented to prepare ...

A business transaction is an event involving an interchange of goods, money or services between two or more parties. The transaction can be as brief as a cash purchase or as long-lasting as a service ...

To help understand international trade, suppose that there are only two international transaction that take place in a given period, but let’s assume that those two transactions are representative of ...