Mm what does it mean in dollars

Ideally, you want to see positive cash flow on your financial statements to detail that you're turning a profit based on how you're operating your business. Take a look at these calculations for finding out how much positive and negative cash flow you have and if the overall outlook is positive or negative in the future:.

Notice that we have divided the positive and negative income by 12 to account for the monthly cost and made sure that the sum of ancillary income and expenses led to the total cash flow. Abide by these tips before presenting your data to stakeholders:. Find jobs. Company reviews. Find salaries. Upload your resume. Sign in. Career Development. What does mm mean? Examples of mm in accounting. Balance sheet Income statement profit and loss statement State of changes in equity statement Cash flow statement.

Balance sheet. Income statement profit and loss statement. State of changes in equity statement. Cash flow statement. Tips for accurately reporting financial records. Now to present in thousands, the word K is used, and for presentation in Million, the word M is used, and for presentation, in Billions, abbreviation Bn is used. This has been a guide to MM Million and its meaning. Here we discuss, examples and alternative notations of MM Million along with the conversion table.

You may learn more financing from the following articles —. Free Accounting Course. Login details for this Free course will be emailed to you. Forgot Password? Article by Madhuri Thakur. MM Million Definition MM is the symbol used for representing the numbers in millions where the symbol m is used as thousand in roman numbers and so mm is thousand multiplied by thousand which is equal to 1 million.

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Please select the batch. Cookies help us provide, protect and improve our products and services. The Roman numeral M is used to indicate units in thousands. Frequently, in finance and accounting, an analyst will use k to denote thousands and a capitalized M to denote millions. In Roman numerals, a million is M with a horizontal bar over the letter. A horizontal bar over any Roman numeral multiplies its value by 1, C becomes ,, X becomes 10, and M with a bar becomes 1, times 1,, or 1 million.

One theory says the use of M was because Romans measured a mile as a thousand paces. Another theory is that it is a misprinting of the Greek letter phi. The bar solved the problem. Rather than use the barred M, however, accounting went with MM as an abbreviation for a million.