“The power of ratio lies in the fact that the numbers in the financial statement by themselves don’t reveal the whole story”-Karen Berman A ratio is the mathematical relationship between two or more items in terms of proportion. Financial Ratios are created after we extract numerical data from the three key financial statements that are …
INTRODUCTION What comes into your mind when I say match a word with finance? Let me guess “Financial statement” right? From the time we have chosen commerce as our field in school this word has been with us. We all must know what they are right ? Financial statements are the documents created by management …
Contains: FINANCIAL LITERACY PLATFORMS FOR INVESTMENT FOR BUDDETING FOR KNOWLEDGE ROLE OF GAMES IN FINANCIAL LITERACY CONCLUSION Financial literacy is the foundation of making informed decisions about one’s finances and achieving financial stability. The modern financial landscape is complex and fast-paced, and individuals are expected to manage their finances on their own. However, not everyone …
The federal government and the majority of states in the US impose income taxes. Applying a tax rate to taxable income, which is the entire income less permissible deductions, yields the income taxes, which may rise as income rises. Income is a broad concept. Estates and trusts may be subject to taxation on income that …
The union budget is the annual budget of India. It is presented every year on first February by the finance minister of India. The union budget is also termed as annual financial statement. This year that is on february 1st, the finance minister of India has unveiled the budget 2023, where the citizens anticipated that …
