You decide to buy a futures contract on the S&P 500 index, thus agreeing to purchase shares in the index at a set price at a future date, say, six months from now. If the index goes up, the value of the futures contract will increase, and you can sell...
Depreciation and Amortization on the Income Statement
There are various types of depreciation methods to choose from, which must comply with generally accepted accounting principles. Depreciation appears as a contra asset on the balance sheet and can directly affect cash flow. Unlike intangible assets, tangible assets may have some value when the business no longer has a use...
CAD Canadian Dollar rates, news, and tools
The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. If you’re planning a trip to the U.S. in the near future, you may want to exchange some of your money into...