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Tip of the Day Your Career Is Your Most Valuable Asset

Your Career Is Your Most Valuable Asset - Building a career should take the highest precedent in your life. You will never have another investment that can...

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Preferred Equity

Preferred Equity - Preferred equity is a measure of ownership interest in a corporation which only counts the preferred stock. Preferred Equity is equal to shareholder's equity (in total) minus common equity. Preferred equity shareholders usually receive their dividend before common equity holders. When a company is going bankrupt, preferred equity holders will be paid before common equity holders, but after the debt holders. Companies usually try to pay out par value of each equity. Preferred equity owners usually carry no voting rights. Other special rights to preferred equity may be issued by the board of directors of a company.

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Definition of the Day Book Inventory

Book Inventory - The book inventory is the available stock on hand at the time the stock is accounted for, and in balance with what is recorded in the accounting book. In large companies, the actual inventory counted and the actual book value may differ or be out by a...

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