Examlex
Define spot, forward, and swap transactions in the foreign exchange market and give an example of how each could be used.
Payroll Expense
The total amount of money a business pays to its employees as wages or salaries, including taxes and benefits, for a specific period.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold in a company.
Rate of Return on Investment
A measure of the profitability or efficiency of an investment, calculated as the ratio of net profits to the initial cost of the investment.
Balance Sheet
A report that outlines the financial standings of a company, including assets, obligations, and owners' equity, at a given time.
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