Double Declining Balance Method: All You Need to Know
Double Declining Balance Method: Also known as the reducing balance method, a double declining balance is an accounting term. It refers to how you account for the expense…
How to Calculate Gross Profit Ratio: The Complete Formula Explained
Gross Profit Ratio is calculated by dividing your revenue by your gross profit. Owning a small business isn’t easy; it can take a while before it actually starts…
Growth and Expansion: The Two Methods of Presenting Operating Cash Flow
Operating cash flow is a familiar accounting term that is related to direct business operations. The important calculations used are helpful when getting a clear outlook of the…
Explaining the Labor Force Participation Rate Formula: Are We Experiencing a Decline in the Working Population?
Whether you’ve heard of the labor force participation rate formula or not, this is the article that’s going to detail everything you need to know. 2020 has been…
Getting the Ball Rolling: 7 Tips for Finding the Best Used Car Loan Rates
Auto loan rates fluctuate just like any other interest rate. The better your credit rating the lower your used car loan rate will be. But if you have…
7 Bad Credit Auto Loans Tricks to Get Approved Regardless of Your Credit History
One of the most frustrating parts of adulthood is getting disapproved of an auto loan you desperately need. Often, the reason you don’t get approved is due to…
The Concept of Open Banking: What Is It and How Can We Transition to It?
The Digital Era is here and it is changing the way we live every aspect of our lives, including our financial choices. We have cryptocurrencies, direct deposits, and…
4 Reasons Why Investing in Yourself Is the Best Financial Decision You Can Make
Being an entrepreneur can be a rewarding experience. You get to invest your money into new ideas and see them blossom into something new. You can move from…
Investing in Crypto: Path to Riches or a Recipe for Disaster?
Cryptocurrency was barely a blip on most people’s radars until Bitcoin values went through the roof in 2017, peaking at $19,783.21. Those who were not familiar with crypto…
Why the Uber Stock Has Fallen: A Disaster or an Opportunity to Invest?
Every good investor knows that it’s important to always pay attention to what’s going on in the stock market world. When it comes to investing in anything, one…
