Education on a whole is an industry that is under constant expansion. Apart from regular schooling, students sign up with private tutors to get a good head start over their academics and for above average performances in academics. Multiple academies are on a raise to procure to the growing need for academic success of the […]
Nearly every business is adapting to the digital world. Keeping pace with the emerging transformations and reshapingthe business plans is mandatory in this fast-growing digital world. The rise in pandemic has enabled both consumers and businesses to rely on online tools more than ever. However, setting up and implementing thedigital marketing strategy to cater to […]
Did you know that companies that focus on improving their customer experience strategies grow revenue 4% to 8% higher than their competition? This is just one of the reasons why you need to concentrate on improving the experience of your own customers. Rather than delivering services and goods that they expect at the time of […]
The success of a service or product depends on how well it is marketed to the public. Every company wants to create a name for itself in the market to achieve a strong customer base. The secret of being widely popular is to have loyal buyers, willing to purchase every single product you release in […]
Times Interest Earned Ratio | Analysis | Formula The times interest earned ratio is an indicator of a corporation’s ability to meet the interest payments on its debt. The times interest earned ratio is calculated as follows: the corporation’s income before interest expense and income tax expense divided by its interest expense. The larger the times interest earned ratio, the more likely that […]
Empirical Rule | Empirical Rule Definition The empirical rule, also referred to as the three-sigma rule or 68-95-99.7 rule, is a statistical rule which states that for a normal distribution, almost all data falls within three standard deviations (denoted by σ) of the mean (denoted by µ). Broken down, the empirical rule shows that 68% falls within […]
Credit Collection Services Credit collection services are provided by collection agencies which apply a wide range of credit recovery methods. Such Credit recovery are used for successful collection of outstanding receivables and bad debts. The DCAs (Debt Collection Agencies) serve different industries in order to provide professional help for businesses. Such agencies supply these businesses with a range of high-quality […]
Depreciation Expense It is important to analyze how company’s use depreciation, which can represent a significant portion of the expenses on a firm’s income statement, and which can impact the value of an investment opportunity in the short term. While there are rules governing how to expense depreciation, there is still plenty of wiggle room for management to […]