Depreciated Cost.

The Depreciated Cost is the value of an asset after it has been reduced by any depreciation that has been charged against it. The purpose of depreciation is to allocate the cost of an asset over its useful life. This means that the cost of the asset is spread out over the number of years … Read more

What Does a Registered Investment Advisor (RIA) Do?

A Registered Investment Advisor (RIA) is an individual or firm that provides investment advice to clients, and is registered with the SEC. An RIA must have a fiduciary duty to their clients, which means that they must always act in their clients’ best interests. RIAs must also disclose all fees and conflicts of interest to … Read more

What is private consumption?

La macroeconomía It is a theory that studies the global indicators of the economy; among them, private consumption and public consumption. Both are essential to understand the economy of a country, know its forms of investment and shape the total spending of the nation. But what exactly is private consumption? How is it different from … Read more