Exploring the Concept of Sweat Equity: A Non-Monetary Contribution
When you invest money into a business you are obviously demonstrating a degree of commitment and putting your trust in the company and its future…
Finance
Factoring in Inflation: The Complete Method on How to Calculate Real GDP
Economists often refer to gross domestic product when making predictions about inflation. It is a discussion that is brought up politically, and serves as a…
Accounting Essentials: 3 Ways on How to Calculate Depreciation
When most people hear the word depreciation, one of the first things that comes to mind is a car. But in reality, depreciation applies to…
Expansionary vs Contractionary Fiscal Policy: What Are the Differences?
A fundamental cornerstone of the way governments function is to use fiscal policy as a way of trying to dictate the way they want the…
Consumer Protection: Why a Debt Validation Letter Is a Fundamental Piece of the Puzzle
When debt comes into the picture, consumers are often put in a difficult position. And once a debt collector gets involved, things get even more…
Know Your Debt to Asset Ratio, and You’ll Know Your Financial Risk
Let’s get straight into things. A debt to asset ratio is a very handy business feature that is sometimes referred to as simply ‘debt ratio’…
6 Types of Revenue Streams You Should Create for Yourself in 2021
Economic times are tough all over the world. The pandemic hit low-income and middle wealth earners alike with lost jobs and a struggling economy. Creating…
How to Use Market to Book Ratio to Evaluate a Company’s Market Value
Not many people are aware of the market to book ratio in determining a company’s current market value. This makes it difficult for them to…
Thwarting Fraud: The 4 Key Takeaways Regarding Bank Reconciliation Statements
The primary purpose of a bank reconciliation statement is to provide a clear indication of the financial performance of a business and it is also…
Introducing the Sinking Fund: A Strategic Way to Save Money
There are plenty of smart ways to save money. One of the most underutilized ways is with the help of a sinking fund. With a…