There are many ways to determine if a business is in profit or loss. The most effective way of obtaining the profit and loss status of an organization is referring to its financial statements. The balance sheet is a financial statement which gives a clear idea of the financial status of a firm. It comprises […]
Introduction Recent atrocities in America involving mass killings by people armed with guns have re-ignited and heightened the continuing debate on gun control, individual rights, and the intent of the 2nd Amendment to the Constitution. Opinion polls suggest that America is deeply and passionately divided on this issue, whilst Internet posts on the subject suggest […]
Operating income is a financial figure that is derived by the employees of the accounting and finance department, at the end of a financial period: a week, one month, a quarter, or a year. Such a duration sometimes is also known as fiscal period. Operating income is often simply defined as the income or revenue […]
With the rapid change in the financial world, everything related to finance is changing, whether it is credit facilities or investments. Steps are being taken to make everything simple, convenient, and fast. There is a consensus among financiers that businesses have different financial requirements, and there is a need to resolve them. One such step […]
An acid test ratio, also known as quick ratio, is used to calculate whether the company will be able to meet its current liabilities with the short term assets it has. Although working capital ratio is used for the same purpose but it includes inventories in short term assets as well, which might not be […]
Companies are generally classified as proprietary firms, private companies, and public companies. While proprietary firms have a single proprietor who looks after the business, private firms can have some members who sit on the board and run it. Public corporations, on the other hand, are listed entities which have full-time board of directors consisting of […]
Learning from the Past This fascinating read brought back so many of the memories from the decade where, as a nation, we suffered a strong division between those who wanted a war overseas and those who protested loudly against it. It is the familiar story of a nation divided by partisan politics drawn in heavy […]
Social cost benefit analysis is a part of calculating the merits of a project or a government policy. As the name suggests, social cost-benefit analysis of anything is associated with its social impact. This means that how a project or a policy will affect people is analyzed. Only after calculating the opportunity cost of a […]
Becoming a Sergeant I am going to focus on the promotion points system for a Specialist (E-4) pursuing Sergeant (E-5). The system is generally the same for current sergeants. The main difference is the number of points possible in each category. So all numbers I am stating and all steps I cover are focused on […]
The question is a valid one. These days, it is rare for a woman to be introduced as “Mrs.” or “Miss” anybody. Usually it’s the first name, and occasionally the last name, that we are told when we meet someone. Our forgetfulness or the fact that we may never have known what a lady is […]
One of the biggest conspiracy theories of the modern age has been that NASA faked the moon landings. It ’s hardly surprising that people do doubt the NASA landed men on the moon when you consider that the feat was achieved way back in 1969. After all, the first astronauts to step foot on the […]
Who’s the toughest? There ’s always talk of and a lot of bragging about which branch of our Armed Forces is the toughest. Some swear that the Navy SEALs are the toughest, while others argue it ’s the Marines. Then again U.S. Army Ranger fans along with the Green and Black Beret supporters will stand […]