What’s The Difference Between Fiscal and Monetary Policy?
The fiscal policy and monetary policy are the two most important tools that influence the economic activity of the nation. The Fiscal policy is a term that is used for taxing and...
The Right Formula for Calculating the Current Ratio
Financial ratios are important for investors who are looking to pick the right stocks for their portfolio. They speak a lot about the performance of the company and the stability of the...
A Cease and Desist Letter Breakdown
The phrase "cease and desist" is intimidating. These words demand a response and action from the recipient. There are a few ways to react if you receive a letter with those ominous...
The Importance of Logistics
Have you ever wondered the journey a piece of bread takes to end up on your kitchen counter. Think about the trains, semi-trucks, pallets, warehouses and more that a piece of bread...
How Does Chapter 11 Bankruptcy Affect Employees?
Chapter 11 bankruptcy filing is the most recent discussion in one of Wall Street Journal’s longest running investment disaster stories. Some of the notable names in corporate America are at the risk...
What Is Included in the Articles of Incorporation?
When a business owner decides to establish the business as a corporation, they need to file a registration document in the state where they intend to establish the business. This document is...
What Is The Purpose of a Bill of Lading?
A bill of lading is used in shipping and it is a record of the goods that are received on board. The bill establishes an agreement between the transportation company and the...
How Do You Calculate the Price Elasticity of Demand? (with Examples Included)
The price elasticity of demand measures the responsiveness of the customers to any change in the cost of the product. It can be well understood by a general term demand elasticity which...
10 Stocks That Are Seeing New Highs Due To COVID-19
While the coronavirus caused the steepest decline in the U.S economy since the 2008 Recession, some companies benefitted greatly from the pandemic. As the country went under lockdown, basic necessities such as...
What Is A Deferred Revenue Journal Entry? (with Examples)
Deferred revenue is the unearned revenue for an organization. It is the amount of advance payment that the company receives. However, it is for goods or services which are not yet delivered....
The Importance of Monte Carlo Simulation in Finances
Monte Carlo Simulation is a method that is applied to financial modeling. It is usually applied in cases where there is a probability of different outcomes and the same cannot be simply...
The Problems and Benefits of Value Added Tax System
Value Added Tax or VAT is a method of taxing that is in existence for many years. The idea behind the tax is that a tax is imposed on the consumer from...
