What is a mill levy and what does it fund A mill levy is a tax on property that is used to fund public services. The mill levy is calculated by multiplying the assessed value of the property by the...
What are agency costs and what do they include Agency costs are the costs associated with the existence of an agency relationship. These costs can arise when agents act on behalf of their principals, and can include things like monitoring...
There are several ways to analyze budget variance, including identifying the causes and opportunities for reduction. To begin, create a budget variance analysis. Then, analyze the variance in a context-based way. For example, if you're budgeting $200 for copier...
How to Improve Your Beacon Score If you're interested in learning more about your Beacon score, you've come to the right place. This three-digit number is based on your net worth, educational background, and work history. Lenders use this score...
What is price leadership and how can it benefit your business Price leadership is a pricing strategy whereby a company sets the price point for its products or services in the market. By doing so, the company can influence the...
What is homoskedasticity and why is it important in statistics In statistics, homoskedastic is the assumption that the variance of a dependent variable is constant across all values of the independent variable. In other words, homoskedasticity means that the predictors...
What is a subscription agreement and what are the benefits of having one A subscription agreement is a contract between a subscriber and a company that provides a service or product. The subscriber agrees to pay a set amount on...
What is the Triple Top Pattern and how can you spot it in the markets The triple top pattern is a bearish reversal pattern that can be found in charts of financial markets. The pattern is created by three successive...
What is Regulation SHO and what does it do Regulation SHO is a set of regulations promulgated by the SEC in 2005 that are designed to crack down on illegal naked short selling. Naked short selling is the practice of...
Cancelling Insurance During the Free Look Period Many consumers wonder if they can cancel their insurance policy during the free look period. This period usually lasts anywhere from 10 to 30 days, depending on the insurance policy. However, some agents...