Working Capital Turnover
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 company may not have enough capital to support its sales growth. It should be high when it indicates a lack...
Spinning Top Candlestick
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 candlestick has a small body with long upper and lower wicks. The long wicks indicate that there is significant buying...
The Greek Drachma
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 common during the ancient period, and the drachma was very similar to today's euro. However, when you're buying a coin,...
Wholesale Trade
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 produced to where they are needed, in order to meet consumer demand. Wholesale traders typically buy goods in bulk from...
Pump Priming
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 pump priming. The following article will discuss both types, as well as the Keynesian rationale behind their construction. We'll also...
Mill Levy
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 mill rate. The mill rate is set by the government and is usually expressed in mills per dollar. For example,...
Agency Costs
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 and bonding expenses. Additionally, agency costs can also arise from adverse selection and moral hazard. Adverse selection occurs when agents...
How to Analyze Budget Variance
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 paper, but the actual cost is $600, the variance is effectively 300% over budget. This difference in price is a...
Beacon Score
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 to determine your creditworthiness. If you're worried that your score is too low, you need to know that it can...
Price Leadership
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 prices charged by its competitors. There are several benefits that can be gained from pursuing a price leadership strategy. First,...