Definition of ROI “Return on Investment,” or ROI, is the term given to a mathematical calculation used in the finance industry and business in general. The ROI measures the financial return on an investment made, or it can be applied …
The balance sheet is a snapshot of the financial position of the business at a certain point in time, usually at the end of the accounting period. The balance sheets include assets and liabilities, and shareholder’s equity/capital rights. And assets …
Financial statements are specialized reports that are universally recognized. The GAAP (generally accepted accounting principles) state what needs to be included in these reports. These reports are the income statement, balance sheet and statement of cash flows. These statements are …
Cost Accounting may also be called Managerial Accounting or Management Accounting. This accounting is quite different from normal general ledger or balance sheet accounting. The accountant will work with much more detail, often working with fractions of a penny in …
The average cost of a bad hiring decision can equal 30% of the individual’s first-year potential earnings. (From the US Department of Labor and Statistics) The successful aren’t immune, and they’ve had to learn from their mistakes. Zappos CEO, Tony …
Liquidity Vs Profitability The financial manager is always faced problems with Liquidity Vs Profitability . He has to strike a balance between the two. Liquidity Vs Profitability The firm has adequate cash to pay for its bills. The firm has sufficient cash …
The word “Negotiation” is very important for all businesses. Whether you’re in an interview and negotiating for a higher salary, a marketer who is trying to make a deal, a salesman who is delivering his pitch and negotiating the details …
]Being successful at work depend on having a great time management skills which means being effective as well as efficient. In other words, work on the tasks that are important but not urgent as we work on the urgent ones. …
5 Tips to Choose Your Lifetime Career “Find out what you like doing best and get someone to pay you for doing it.”–Katherine Whitehorn This is what Katherine Whitehorn said about doing your work. But finding the career you love …