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Day 8 About Basic Finance and Accounting Concepts Here's Some New Concepts In finance, Liabilities represent obligations or debts that an individual or organization owes to others. They indicate an outflow of resources, either cash or services, that

Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts 2. Non-Current (Long-Term) Liabilities Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme

Loss Management in Business 1. Risk Assessment: Identify and evaluate potential risks. 2. Cost Control: Manage expenses to reduce unnecessary costs. 3. Insurance Coverage: Protect against unforeseen events. 4. Quality Management: Ensure high prod

Startup Blueprint - Day 07 Financial Projections and Funding 1. Financial Forecast: Project revenue, expenses, and profits for the next year. 2. Break-Even Analysis: Calculate the point where your revenue covers costs. 3. Funding Options: Researc

Daily dose of financial ratios by Anirudh Gupta Debt service coverage ratio: =Earnings available for debt services/(Interest+Installments) Where earnings available for debt services are EBITDA or EBIT based on the case. Purpose: -Yesterday,we d

Daily dose of financial ratios by Anirudh Gupta Current ratio: =Current assets/current liabilities Purpose: -To evaluate the company's short-term financial health and liquidity. -This ratio tells us whether the company can meet its short term ob

1. High Debt Burden: Jet Airways accumulated significant debt over the years. Its financial liabilities became difficult to manage, with creditors eventually losing confidence in the airline's ability to repay. 2. Increased Competition: Low-cost carr

Hello Everyone ! Understanding Blockchain: Transforming the Future of Finance Blockchain technology is revolutionizing the financial landscape, offering enhanced security, transparency, and efficiency. Here’s why it matters: ✅ Decentralization – E

A person in Gurugram shared on LinkedIn how expensive it is to live in that area, mentioning that just to maintain a basic lifestyle, they need about ₹7.5 lakh per month. This includes expenses like home loan EMI, luxury car, international school fee

OpenAI, the trailblazing AI studio that played a pivotal role in bringing AI to non-technical audiences, is grappling with potential financial difficulties. Recent reports suggest that the company’s flagship AI chatbot, ChatGPT, is incurring a stagge