Figuring Outย โขย 1y
Elon Musk Has something called *Idiot Index* at spaceX! Its very simple thing. It calculates the ratio between Price Of Part and Cost of Raw Material used in that part. Like if a part cost $1000, and it takes raw material worth $100 to make it, the Idiot Ratio is 10 which means you are an idiot if you buy that part. It's Just because of this that Falcon's Rapster's engine cost was brought down to $200k from $2 Million!
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Start.io - A Mobile Marketing and Audience Platformย โขย 9m
Does anyone engage in business that involves importing products or raw material from China ? I need some consultation. Willing to provide monetary compensation for the knowledge and experience shared. Thanks
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The Institute of Chartered Accountants of Indiaย โขย 1m
How to Calculate Product Cost, Set Profit & Selling Price - Using a Cost Sheet ๐ค Ever wondered how businesses actually price their products? It all starts with one simple but powerful tool: the Cost Sheet. ๐๐ฅ Hereโs how it helps: 1๏ธโฃ Calculate
See MoreCA Aspirant|Content ...ย โขย 6h
Daily dose of financial ratios by Anirudh Gupta Quick ratio: =Quick assets/Current liabilities Where quick assets means, (current assets-inventory) Purpose: -Unlike the current ratio (as we have discussed in the previous post), the quick ratio s
See MoreCHAIRMAN - BITEX IND...ย โขย 5m
๐ฐLearn Start-up Maths โ( Concept - 2 )๐ ๐ฑ All details about โ COST โ Whenever someone asks you about the cost just tell him that โ Cost the amount of money that a business spends on the creation of something โ โข There are many types of cost #
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Dreamy Metals Handicraftsย โขย 2m
Problem! Every year around 30% of domestic and international shipments are cancelled, And the reason are not providing Quality and Timely delivery. Due to which the selling season and occasions of the Buyers get spoiled. Due to which Brandโs image g
See MoreStartups/VC/techย โขย 11d
While reading about the key metrics used to measure a startupโs growth, I came across one ratio that VCs often use to evaluate performance: ๐๐ง๐ฉ:๐๐๐ Before diving into the ratio, letโs quickly understand the two components: ๐๐ง๐ฉ (๐๐๐๐๐ผ๏ฟฝ
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