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Import duty

of Care As a professor of finance, it is crucial to understand the concept of duty of care. This refers to the responsibility that a person or organization has towards their clients or investors. It encompasses the duty to act in good faith, with due diligence, and in the best interest of those being served. In the financial world, this duty is especially important as it involves handling other people's money. It requires a high level of expertise, ethical behavior, and accountability. Thus, it is essential to establish and maintain a duty of care to ensure the protection of investors and maintain trust in the financial market.

Profit ratio

One of the fundamental concepts in finance is the return on capital, which measures the profitability of a company in relation to its invested capital or net worth. This rat...

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Short-term capital gains

Capital gain is the profit gained from selling assets that have been owned for a short period. This gain is subject to taxation and is an important concept in finance. It is...

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Global income tax

Understanding income tax is crucial in the world of finance. This tax is calculated by combining all sources of income for an individual or family and then applying a single...

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Taxable base

In the world of finance, we often come across the term "tax base". This refers to the specific entity or value to which the tax rate is applied. For instance, it could be co...

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