What is cooking the books and why do companies do it "Cooking the books" is a term used to describe the illegal act of manipulating financial records in order to make a company look more successful than it actually is....
As summer approaches, you might want to take the opportunity to earn more money to make the most out of it. Of course, you can always take a day off to have fun and go to the beach with...
What is dividend recapitalization and why would a company choose to do it Dividend recapitalization occurs when a corporation borrows money and then uses the borrowed funds to pay a dividend to its shareholders. There are several reasons why a...
A retrocession is a kickback commission received by banks, asset managers, trustees, and financial service providers after consumers purchase financial products from them. These products include obligations, funds, and structured products. The main purpose of retrocessions is to maximize...
What is a share certificate A share certificate is a legal document that proves ownership of shares in a company. The certificate lists the name and address of the shareholder, the number of shares owned, and the class of shares....
Working Capital Turnover Working capital turnover ratio is a useful metric in financial planning. It tells how well a company is using its current assets and liabilities to produce a set amount of sales. If the ratio is low, a...
Introduce the Spinning Top Candlestick The Spinning Top Candlestick is a versatile pattern, that can be used to predict future price movements in the market. This pattern is created when the open and close prices are roughly equal, and the...
The Greek Drachma The Greek drachma is an old currency from several periods of history. This article will explore its origins, inflation, and history. It's a valuable guide for any history buff. If you're curious about this currency. Inflation was...
What is wholesale trade Wholesale trade is the buying and selling of goods in large quantities, typically between manufacturers and retailers, or between retailers and other businesses. The aim of wholesale trade is to move goods from where they are...
Pump Priming and the Keynesian Reasoning Behind It If you're a homeowner, you may be wondering how you can start a self-priming pump. There are many different types, and you might be wondering if a Keynesian reasoning would apply to...