They can be physical ledgers or electronic systems, depending on the record-keeping practices of the business. In terms of detail, bin cards offer a granular perspective on stock movements. They provide real-time updates, allowing inventory managers to have immediate...
On the other hand, store ledgers encompass a wider range of stock-related data. They record stock items, quantities, unit costs, suppliers, dates, and other pertinent details necessary for comprehensive stock management and analysis. In conclusion, bin cards and store...
The authorised capital of $1 million could seem impressive to the misinformed and be misleading. This means that a company’s capital will not be measured against the par value of the shares but instead against the number of shares issued and the actual capital paid up...
It accounts for every share in different categories that the company can choose to issue as per the company’s capital requirement. By seeing if the increase in share capital has contributed sufficiently for the company’s future growth (see here). The amount of...
In addition to higher pay, tenured professors may enjoy perks such as increased job security, better retirement packages, and more support for research and conference travel. After earning a PhD, the next step in the academic career path is often a postdoc....