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Vertical Analysis: What It Is and How It Can Help You Understand Your Financial Position

One of its cons is that it doesn’t take into consideration absolute numbers; so if you are comparing two companies, looking at percentages will give a different result than absolute numbers. By analyzing these ratios using vertical analysis, you can gain insights into a company’s cash flow management and capital allocation strategies. Vertical financial statement… Continue reading Vertical Analysis: What It Is and How It Can Help You Understand Your Financial Position

What is Frontend Development? Skills, Salary and Roles

If you are not familiar with these technologies, you will need to learn them. Let’s walk through a front-end developer’s interaction with each stakeholder they will engage with when building a website or application. A web developer is one of the most demanding and highest-paying jobs in India or abroad. The average pay of a… Continue reading What is Frontend Development? Skills, Salary and Roles

Boolean Algebra Expression, Rules, Theorems, and Examples

If a system needs to access continuous data or probabilistic data then Boolean algebra can’t be used as it has only two value(0, 1). Boolean algebra is used to develop complex search queries in legal databases. Further work has been done for reducing the number of axioms; see Minimal axioms for Boolean algebra. Search Engines… Continue reading Boolean Algebra Expression, Rules, Theorems, and Examples

Average Collection Period & Days to Collect Calculator

The average collection period for account receivables tells you which client pays earlier and which prolongs dues. Knowing their payment patterns, you can modify and effectuate your communication with them and follow-up messages. Receiving early payments is essential to plan your financial forecasts the right way and adhere to budgets accurately. When you know the… Continue reading Average Collection Period & Days to Collect Calculator