Earnings before interest and taxes (EBIT) is an important concept when analyzing the financial performance of a company. Learn why EBIT is useful for your…
What is marginal cost and how do you calculate it? Our marginal cost calculator will assist you in computing the cost of manufacturing additional items.…
Gearing ratios are a group of financial ratios that are used to assess a company’s leverage and financial stability. What are the gearing ratio formulas…
The 5 C’s of credit or the five characteristics of credit is a system that many lenders use for credit analysis. Lenders use this framework…
There are several different types of real estate ownership. In real estate law, it’s important to know ownership interest that property owners have. It’s especially…
If you own shares of a company, you may be wondering if you would get paid if the company went bankrupt tomorrow. Who determines what…
What Are Interim Financial Statements? Interim financial statements are financial statements covering a period less than one year. They are usually prepared on a year-to-date…
A standby letter of credit (SBLC) is a legal instrument issued by a bank. It represents the bank’s guarantee to make payment to the seller…
Billings in excess of costs is caused by businesses, primarily contractors, billing customers in advance before revenue is actually recognized. In construction, billings in excess…
What is Days Cash On Hand? Days cash on hand is based on the assumption that there is no current cash flow from sales but…