Unlike the current account, the capital account includes only capital transfers. Capital transfers – transfers involving the transfer of ownership of fixed assets, related to the acquisition or use of fixed assets or providing for the cancellation of debt by the creditor. Capital transfers are divided into public sector transfers and transfers from other sectors. […]
Tag: Payment
Revenues
For many countries, the current account is limited to the items discussed above relating to exports and imports of goods and services. However, in addition to goods and services, the current account of the balance of payments should also take into account the movement of income and current transfers. Income – a group of items […]
Determination of working capital requirements
The organization of the use of working capital in the enterprise provides for their formation, rationing, systematic analysis and ensuring the effectiveness of use. To determine the company’s need for working capital, working capital is rationed. Rationing of working capital is understood as the process of determining the economically justified need of the enterprise for […]
Defensive strategies to protect competitive advantage
The main goal of the defensive strategy is to protect the competitive advantage and strengthen the position of companies Any company can become an object of attack from competitors, from both newcomers who want to enter the market, and existing players seeking to strengthen their positions. The purpose of the defensive strategy is to reduce […]