In 1965, we disaggregated the market for color television by income levels and geographical regions and compared these submarkets with the historical pattern of black-and-white TV market growth. We justified this procedure by arguing that color TV r... Read more
In contemporary Islamic finance, it is used to finance construction (of a home, office, factory, etc.) combined with a Istisna contract. Ijarah, (literally "to give something on rent") is a leasing or renting contract. In traditional Islamic jurispr... Read more
On October 29, 2012, Wall Street was disrupted when New York and New Jersey were inundated by Hurricane Sandy. Its 14-foot-high storm surge, a local record, caused massive street flooding nearby. The NYSE was closed for weather-related reasons, the... Read more
The United States Dollar refers to the national currency of the U.S and is represented by the ISO code USD and is often abbreviated as US$. The Iraqi Dinar refers to Iraq’s national currency and is represented by ISO code IQD. The global marke... Read more
To help you decide whether you should include yourself among the financially literate, think through the following questions and give yourself some honest answers. Financial literacy is the possession of skills that allows people to make smart decis... Read more
Our team makes sure you are ready to fly through your next VC’s accounting, HR and tax due diligence. And when you use us as your bookkeeper, we set up and keep up-to-date a due diligence folder so you can get that next round of fundraising. Co... Read more
For example, a painter may be paid for the service after it has been performed, and the incurred expense changes to a paid expense. Another example would be when a business enters into a lease agreement to rent office space for a period of two years... Read more
The concept of variance requires a baseline value and a "new" value. Once you calculate the difference between the two numbers, you only need to divide by the original value. This is an unfavorable variance, for which management may seek a more deta... Read more
A steadily rising ratio could indicate a healthy, maturing business, but a spiking one could mean the dividend is heading into unsustainable territory. A company endures a bad year without suspending payouts, and it is often in their interest to do... Read more
For example, Companies A and B both pay an annual dividend of $2 dividend per share. Company A’s stock is priced at $50 per share, however, while Company B’s stock is priced at $100 per share. Obviously, this calculation requires a littl... Read more
