Olwen The term “avoidable cost” refers to a company’s opportunity cost associated with a particular decision. In other words, avoidable cost is the cost that could have been avoided if the company had chosen a different course of action. There are two types of avoidable cost: sunk cost and variable cost. Sunk cost is a cost … Read more
SEC Form N-1A is a filing that must be made by all mutual funds in order to register with the Securities and Exchange Commission (SEC). The form provides information about the fund’s investment objectives, strategies, and risks. It also includes information about the fund’s fees and expenses. What is a mutual fund registration statement? A … Read more
Net Asset Value (NAV) per share is the value of a company’s assets divided by the number of shares of its stock outstanding. NAV can be used to measure the performance of a company or mutual fund, as well as the overall market. For ETFs and mutual funds, NAV is the market value of the … Read more
Export credit agencies (ECAs) are organizations that provide support for businesses engaged in international trade. ECAs offer a variety of services, including financing, insurance, and guarantees. They also provide information and advice on export opportunities and market intelligence. ECAs play an important role in promoting exports and supporting businesses in their international activities. By providing … Read more
