Transformers step up or down voltage through two copper wire coils around a magnet. Transformer losses occur due to magnetic flux density and result in lost energy and thermal energy. Efficiency is improved by reducing losses, and transformers range in size from small computer components to large industrial power plants. Heat from lost electrons can […]
Net operating losses occur when a business’s expenses exceed income for multiple years. Most countries have special tax rules to accommodate the cyclical nature of businesses. Losses can be applied to future and past income statements, and there are specific rules and conditions to be eligible for this tax break. Consult an accountant or review […]
