Money & Finance
Which Asset Cannot Be Depreciated?
Question: Which asset cannot be depreciated? a. Land b. Equipment used to build capital improvements c. Buildings d. Office equipment Answer: a. Land Explanation: In the realm of finance and accounting, the idea of devaluation is principal. It’s the continuous reduction in the value of an asset after some time
Jamie Dimon Says It’s A ‘Huge Mistake’ To Think Economy Will Boom With So Many Risks Out There
Read the following article for further details and information. On Monday, CEO of JPMorgan Chase, Jamie Dimon stated that it would be a ‘huge mistake’ to believe that the business will be long lasting only because the U.S. economy is doing well. He stated To say the consumer is strong
Bellagio’s Resort In Las Vegas $110 Million Renovation
The most iconic resort of Las Vegas, Bellagio Resort is doing a $100 million modern renovation. All rooms, suites, and spa towers are going through a luxurious renovation. The renovation perfectly matched the beauty of mesmerizing Italy’s Lake Como. Bellagio also did a recent renovation of almost 2,500 guest rooms
Goldman Sachs Hit With 1.1 Million Dollars Lawsuit From Former Executive Alleging a ‘Culture of Bullying’
A former Goldman Sachs executive is suing the bank for an undisclosed sum of money, claiming that he was forced to work in a “dysfunctional” work environment that caused him mental health problems and left him in tears during his time with the firm. The suit was filed by Ian
BNY Mellon Says that even if BRICS expands, the Dollar not going to lose its global dominance
In a note from BNY Mellon said that the dollar is not going to lose its status as the global dominant in the near future. Even if BRICS spreads its expansion in the developing nations indicates something different Mellon was confident about the dominance of dollars in the world economy.