Profit Margin Formula : How to Calculate and What to know more?
It’s one of the profitable ratios, which is mostly used to gauge the degree to the business, or the company generates the money. Profit margin also shows the percentage in sales, which are now the profit. In other word, the Profit margin is a percentage…
IDBI Bank Car Loan – How to Open, Interest Rates and EMI Calculator?
We do know that IDBI bank offers everything to the customers. From personal banking to corporate banking accounts. They are offering financial services as well as the home loan, education loan and today we are going to talk about the IDBI bank car loans. IDBI…
IDBI Bank Account (Saving and Current) Opening with ZERO Balance
Savings accounts were started so that the customers can earn some interest without opening any FD or RD, and somehow, it is beneficial for day to day banking needs. However, not all savings accounts are equal. Every other bank does offer different rates of interest…
IDBI Bank Education Loan – How to Apply, Interest Rates and Eligibility
Every child has the right to study. In simple words, every child needs education to get success in his/her life. Unfortunately, we are living in an era where everything has a price, and we should have to pay to get anything done. Similarly, in education…
Current Ratio Definition Formula Calculator – Basics and Important Points
Current Ratio is one of the most heard terms in Accounting. However, there are more meaning and use of current ration than that. Well, Current Ratio is basically a liquidity ratio which helps in measuring the ability of the company to pay obligation that is short…
Accounting Principles, Concepts, Key Assumptions and Basic Terms
The more accounts you learn, the more comfortable for you to manage your business. accounting principles are the basic terms of accounts and which should be learned and recognized by everyone. Remember that. It is not a class test that you will determine and forget…
Inventory Turnover Ratio Analysis, Formula and How to Calculate It?
We do know about the inventory, which is the stocks we hold in an organization. Now comes to the Inventory turnover ratio, which used to calculate the ratio of goods sold and purchased during a financial year. Inventory turnover ratio is important because it focuses…