A lower D/E ratio usually implies a more financially stable business, while a higher ratio may indicate potential financial risk. On one hand, leveraging (using debt) can magnify a company’s return on equity and be a sign of an aggressive growth strategy. On the other hand, it increases the company’s exposure to risk, particularly if […]
However, counselors or therapists can help you tackle the root of mental health issues and address trauma without falling back into substance abuse. With the COVID-19 pandemic and increasing rates of anxiety, depression, and other mental health issues, many people have turned to substance use to self-treat. It teaches individuals to stay fully present in […]
It maintains running balances for each account and provides detailed transaction information including dates, descriptions, and reference numbers. The general ledger contains posted transactions that have been finalized and reflected in the account balances. Likewise, revenue and expense accounts give an accurate view of the incomes earned and/or the expenses incurred. A general ledger or accounting […]
By using this equation to assess your situation and make informed decisions, you’ll be well on your way to achieving success in your personal or business endeavors. As time passes, it becomes evident that the accounting equation isn’t static but rather a dynamic tool for analyzing the financial health and growth of your business. They […]
Learn the essentials of what is insurance, its types, benefits, and how it protects your finances. The interest calculation of compound interest is a little difficult comparatively as it involves different periods of compounding. In simple interest, you only earn interest on the principal investment amount. P is principal, I is the interest rate, n […]
Avoiding alcohol is always the best option for those with alcohol intolerance, as the increased acetaldehyde levels increase your cancer risk. Avoiding alcohol also helps you to avoid the unpleasant symptoms that alcohol intolerance can create. When doctors diagnose alcohol intolerance, they typically use the immediate symptoms it causes. Finally, it could be due to […]