In finance and accounting, MM (or lowercase “mm”) commonly denotes that the units of figures presented are in millions. The Roman numeral M denotes thousands. In this context, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000,” which equals 1,000,000 (one million).
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If we wanted to denote millions, we would show that as MM. For this, we should credit the Romans. M is the Roman numeral for thousand and MM is meant to convey ...
The Roman numeral M is used to indicate units in thousands. For example, an annual salary of $60,000 might appear as $60k instead of $60M.
Sep 29, 2023 · $1MM Equity (Capital Balance) = Beginning Balance + Income ($10M) - Draw ($4MBy looking at this example, you know the company had $1,004,000 ...
May 28, 2023 · Typically we think of a million being abbreviated as (M). Yet, often in finance and accounting, we find that this abbreviation deviates from ...
The Roman numerals MM are used to indicate one million. Example of MM. Sales of $3,000,000 might be written as $3MM. I have seen one million represented by mn ...