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Tip of the Day Use Your Frequent Flier Miles Often

Use Your Frequent Flier Miles Often - If you are not collecting frequent flyer miles, you need to ask yourself why not, as they are like receiving a small gift...

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Going Concern

Going Concern – Going Concern is a term used in accounting and risk management that indicates a company’s viability and strength over a period of one year (at a minimum). Some of the elements that determine if a business is a going concern are:  the ability to make a profit, minimize debt and pay bills timely, and show growth, (among other factors) during the course of its’ operation.  Directors of a business entity will report activity in a financial statement.  Auditors will then assess the strength of the company and determine whether it will remain viable for the foreseeable future.

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Definition of the Day Baked In The Cake

Baked In The Cake - Baked in the cake means is a quote used to describe information that is influential such as unconfirmed news reports, unconfirmed company's information, or projected company or stock earnings, which are already included in the current stock's market price. By doing this, some attempt to...

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