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So, you start reading the annual reports of a company and tabulating the numbers. While you punch in those numbers and believe this is a great company? But what if I told you that you might feel great because the…
Credit control has many facets; in economics, it means controlling the flow of debt in a country. On the other hand, the same word means very different when I talk about business credit. Hence, I would try to explain the…
Ever wondered how suddenly a currency drops is its value compared to USD or EUR? In this article we cover the currency devaluation meaning in depth with some interest examples from the foreign exchange market. Devaluation Meaning: Introduction What is…
Financial due diligence or quality of earnings is the method of ensuring the charge of an asset is consistent with its working performance “under the hood.” Assessing the quality of income is one of its key tests: How sustainable is…
Banking jobs are an incredible match for anyone inquisitive about personal finance, business, and maths. Banks generally offer huge benefits, growth opportunities, and an office environment to work in. Plus, numerous positions consist of customer-oriented roles and analytical duties. If…
Index of Contents What Is the Ratchet Effect? The ratchet effect is a financial method that is hard to reverse once it’s underway or has already taken place. A ratchet is simply an analogy to a mechanical ratchet, which spins…
To convert any weight to another unit of weight is not such a difficult task as you think it is. However, if you know the value of the units that you have to convert, it becomes even easier to perform.…
Since more than a thousand years ago, we have lived in a consumerist civilization. Products are, of course, one of the foundations supporting materialism and the “more is good” mindset. Items are being made, sold, marketed, traded, and even thrown…
MBS stands for mortgaged backed security,a synthetic security with underlying as mortgages or collection of mortgages. Full form of MBS In 2007, one of the worst credit crises in history was done by this intelligent security. By no means I…
Entrepreneurs, creators, and autonomous brands now operate in a local commerce environment where they must outcompete multinational corporations. Since the world is moving much more toward online retail, inventory activities are more efficient than ever. It’s challenging to manage your…
A journalized transaction is one that includes the date, the account you’re debiting or crediting from, and a brief explanation of the transaction that took place. Journalizing transactions is the process of maintaining a record of all your business transactions…
Fast-moving consumer goods, or FMCG full form for short, are also referred to as consumer packaged goods (CPD). You might have frequently purchased these goods on a daily basis, like biscuits, toothpaste, deodorants etc. While, I could also call it,…