4/26/2023 0 Comments Thousand dollar mac stand![]() ![]() In this example, we intentionally chose a piece of analysis that contained various different units, such as dollars and shares. The example below shows how figures can be portrayed in millions.Īs you can see in the figures above, net income and preferred dividends are labeled as being $mm (millions of dollars), shares authorized and shares outstanding are labeled as mm (millions of shares), and earnings per share (EPS) are labeled as $/share. The Latin numeral MM is frequently used to designate that the units used in presenting information (financial and non-financial) are in millions. This guide will explore how the notation should be used, as well as alternative symbols that are used in practice. ![]() Thus, 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). ![]() In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions. ![]()
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