How to Save Money When Buying Office Supplies
Are you frustrated by the amount of money you spend on office supplies? Then I am glad you’re reading this post. Office supplies may seem like a minor expense compared to other office purchases. But this is far from the truth. Unlike the major purchases,…
Here’s How You Can Increase Your Existing Line of Credit
Line of credit, also known as revolving credit, works a lot like a credit card. The owner of the credit is given access to a variety of funds, and they can grow capital whenever they need to. You are only supposed to pay interest on…
A brief guide to P2P lending system and its pros and cons
Peer to Peer lending methods has redefined the face of investment and loans taking strategies. The P2P leading culture has been cultivated in 2005, but in this short span, it has become one of the competitive and considerable alternatives to financing industry. According to a…
Contribution Margin – How to Determine the Contribution Margin?
Contribution margin can be calculated by the subtracting the price of a product with the variable costs of all the associates. It eventually leads to an incremental profit which can be earned for even sold unit. The contribution margin is generated by a business organization…
Activity Based Costing (ABC) Definition Process – Calculation with Example
Activity based costing can be defined as a system which the businesses uses to track the cost of a system which is primarily focused on the activities which are used for producing any product. In activity based costing, the costs are first traced to the…
Time Value of Money (TVM) Definition Formula & Calculation with Example
The concept of time value of money is a concept in the financial management which explains that the monetary received now has more value the same amount which will be received in the future. The potential of the money invested and the interest earned when…
PPF Calculator – How to Calculate PPF Interest Rates on Investment?
PPF also is known as Public Provident Fund; It was introduced in 1968 in India. Well, its an India backed long term saving schemes that were launched by the government that offers the benefits to the investor on their tax under the income tax act,…