Mira . The average cost method is a way of calculating the cost of goods sold (COGS) for a company. The average cost of goods sold is calculated by taking the total cost of goods sold divided by the number of units sold. For example, if a company sold 100 units of product X for a … Read more
What Is an Employee Stock Ownership Plan (ESOP)? An employee stock ownership plan (ESOP) is a retirement plan that provides employees with an ownership stake in the company they work for. Employees typically acquire these shares over time, and they receive them when they retire or leave the company. ESOPs have a number of advantages, … Read more
Response lag is the amount of time it takes for a country’s government to recognize and react to an economic problem. This can be a serious issue because, by the time the government takes action, the problem may have already caused serious damage to the economy. How do inside lags and outside lags affect monetary … Read more
