Weighted Average
Weighted Average The weighted average is a calculation method that finds the average of a set of numbers, where each number is assigned a weight. The weights are used to account for the relative importance of each number in the calculation. Formula for Weighted Average: Weighted Average = (Sum of Weighted Values) / Total Weight […]
Indirect Tax
Indirect Tax Indirect taxes are levied on the consumption of goods and services rather than directly on the producers or manufacturers. They are typically levied on the end consumer and are paid through intermediaries, such as retailers or wholesalers. Examples of Indirect Taxes: Sales tax (GST/VAT) Excise tax Customs duty Payroll tax (Social security and […]
Ripple (Cryptocurrency)
The ripple cryptocurrency, formerly known as XRP, is a decentralized payment network that uses blockchain technology. Here’s a breakdown of its key features: Main Features: Fast and Low-Cost Transfers: Ripple claims to process payments between banks in as fast as 1 second, with fees as low as $0.01. This makes it significantly faster and cheaper […]
Producer Surplus
Producer Surplus Producer surplus is the amount by which the quantity that producers are willing and able to produce exceeds the quantity that consumers are willing and able to buy at a given price. In other words, it is the surplus of production over consumption. Formula for Producer Surplus: Producer Surplus = Qp – Qd […]
Electronic Fund Transfer, Eft
Electronic Fund Transfer (EFT) Electronic fund transfer (EFT) is a type of payment transaction that occurs electronically between banks or other financial institutions through a network of computers. It is a fast, convenient, and secure way to transfer funds between accounts. Types of EFT: Immediate Transfers: Funds are transferred from one account to another in […]
Private Sector
The private sector refers to the part of the economy that is privately owned and controlled by individuals or businesses, rather than by the government. It includes a wide range of industries, such as manufacturing, retail, technology, and finance. Here are some key characteristics of the private sector: Privately owned: The businesses in the private […]
Npa,Non Performing Assets
Non-Performing Assets (NPAs) Non-performing assets (NPAs) are loans or other debt securities that have stopped generating interest or payments due to a borrower’s default. They are often classified into categories based on the severity of the delinquency, such as subprime, delinquent, and bad debt. Types of NPAs: Subprime: Loans to borrowers with poor credit histories, […]
Ebitda Margin
EBITDA Margin EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin is a measure of profitability that calculates the percentage of revenue that is generated by operating activities, excluding the effects of interest, taxes, depreciation, and amortization. It is a key metric used by investors and analysts to assess the financial performance of a company. […]
Customer Information File (Cif)
Definition: A customer information file (CIF) is a centralized repository of customer data maintained by a company. It typically includes a wide range of information about each customer, such as: Basic Customer Information: Name Address Phone number Email address Date of birth Gender Occupation Industry Account number Customer segment Transactional Data: Purchase history Order details […]
Internal Revenue Service (Irs)
The Internal Revenue Service (IRS) is a United States federal agency responsible for collecting taxes and enforcing tax laws. It is part of the Department of the Treasury. Key functions: Tax collection: Collects taxes on income, property, and businesses Tax enforcement: Enforces tax laws and regulations Tax processing: Processes tax returns and provides tax refunds […]
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