How Credit Unions Work

You just might save money by using your credit card over your bank account. Credit unions use the money that other customers deposit to fund loans for borrowers. These include home loans (mortgages), auto loans, personal loans, and credit cards. As a result,...

Last-In, First-Out LIFO Inventory Calculations

In other words, it assumes that the merchandise sold to customers or materials issued to factory has come from the most recent purchases. The ending inventory under LIFO would, therefore, consist of the oldest costs incurred...

Debt-to-Equity D E Ratio Formula and How to Interpret It

The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Get...

Financial Ratio Analysis Tutorial With Examples

It shows whether a company has enough current assets to pay off its short-term borrowings. Current assets are assets that can be converted into liquid cash easily. Profitability ratios measure a business’s capacity to earn profits compared with its related...