What is average inventory and why is it important
Average inventory is a measure of the average amount of inventory that a company has on hand over a period of time. The average inventory can be calculated by taking the...
Having registered with one of the best online LLC formation companies to assist you with the legalities of establishing your own LLC company, and then having them get your enterprise in correct standing and officially recognized by your State,...
Personal loans are undoubtedly beneficial when you're in a financial pinch. They can help you pay for expenses your salary can't cover and provide an emergency fund for unexpected circumstances. However, getting a personal loan can be intimidating, especially...
What is LIFO Liquidation?
A LIFO liquidation is a process in which a company sells old inventory in order to raise the sales price and increase gross margins. Companies are less willing to match the lower cost of goods sold...
How to Trade the Three Black Crows Pattern
In the financial markets, a downturn is called a three-crows pattern when three long candlesticks all trend down in a row. This pattern can indicate that an investor should avoid investing during...
What is the Marginal Rate of Technical Substitution (MRTS)?
The Marginal Rate of Technical Substitution (MRTS) is the rate at which one input can be replaced by another input while still producing the same output. In other words, it measures...
How Activity Ratios Can Help Your Business
Using activity ratios to measure your organization's performance is a valuable tool for determining how well-managed you are. In general, a well-managed organization utilizes its resources efficiently while maximizing its revenue. Here are...
What are fully diluted shares and why do they matter
Fully diluted shares refer to a company's total number of outstanding shares, including any that have been authorized but not yet issued. This is important because it gives investors a...
If you have been looking into starting your own business, you may be wondering if it is best to create a domestic corporation or start a Limited liability company. Whether you choose one or the other is really up...
What is the declining balance method and how does it work
The declining balance method is a way of calculating the depreciation of an asset. Under this method, the depreciation expense is recorded at a higher rate in the early...