Explaining the Concept of Price Elasticity of Demand
How many times have you decided not to purchase of an item because prices went up? How many times have you still brought the item as you needed it …
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Factors That Cause Shifts in the Supply Curve
The law of supply states that higher the price, the higher the quantity supplied, for higher prices mean more revenues. However, other factors also …
Continue ReadingExamples of Zero Based Budgeting: A Methodology for Today's Technology
Are you familiar with ZBB or zero-based budget preparation method? Perhaps not; this method was briefly popular during the 1970s but didn’t quite make …
Continue ReadingOur Nation's Debt Ceiling: What Programs Would You Cut?
There are very few people who are happy with the legislation concerning our nation’s debt ceiling, just signed into law on August 2, 2011. On August …
Continue ReadingAdvantages and Disadvantages of Free Trade
Free trade brings advantages to the international community by enabling countries to specialize in certain goods and services and increase their …
Continue ReadingExplaining the Principle of Comparative Advantage
The principle of comparative advantage shows that it makes sense for countries to specialize in goods where the opportunity cost of production is …
Continue ReadingThe Basics of Cash Flow Estimation: Evaluating Profitability Vs. Risks
The popular concept for estimating cash flows is for purposes of managing the utilization of the working capital allotted to the project. This …
Continue ReadingHow to Compare PayPal vs. Merchant Accounts: A Look at How Each Can Optimize Your Business
The process to decide on a merchant service provider is not an easy one. Learn how you can compare fees and services between traditional merchant …
Continue ReadingHow Do Interest Rates Affect You and Your Business?
Whether you have an automobile lease, purchase equipment for a company or use credit for any personal or business purposes, it means you owe someone …
Continue ReadingWhat Are the Alternatives to Raising the Debt Ceiling?
The debt ceiling is a cap on borrowing, usually self-imposed. The debtor has to raise this cap to borrow more and balance budget deficit. Increasing …
Continue ReadingAn Explanation of the Time Value of Money Concept
Time Value of Money (TVM) is the future value of an amount after factoring in interest for the period or the present value of a future amount after …
Continue ReadingCPA License Requirements for Professionals
Becoming a certified public accountant is only the first step in achieving the profession’s highest credential. Fulfilling state-specific CPA license …
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