What Is a Debit Memorandum? A debit memorandum, or “debit memo,” is a document that records and notifies a customer of debit adjustments made to their individual bank account. The adjustments made to the account reduce the funds in the account but are made for specific purposes and used only for adjustments outside of any…
Have you ever refused something, then regretted it very much afterwards? Like… Of refusing to have your dad drop you off in front of the college, then hitting a huge rain on your head on the way? Well, know that this kind of small defeats happen to everyone! Even music stars (yes, yes). There are…
What Is Weighted Average Life (WAL)? The weighted average life (WAL) is the average length of time that each dollar of unpaid principal on a loan, a mortgageor an amortizing bond remains outstanding. Calculating WAL shows an investor, an analyst, or a portfolio manager how many years it will take to receive roughly half of…
If you like to spit on all types of Parisians, laugh at stupid puns and rank the letters of the alphabet in order of swag, you will love the tweets of @AmeEnSoiea woman more than funny. 1. “Do you still have stupid questions like this in stock?” – Excuse me, do you know where the…
What Is an Economic Growth Rate? An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period. The economic growth rate is used to measure the comparative health of an economy over…
It’s almost the end of the year holidays and you don’t know what to do with your life because you’ve already bought all your Christmas presents and watched all the TMC Christmas movies? Don’t panic, we have what you need to keep you waiting until December 24 while putting you in the mood for mulled…
Gross profit margin and operating profit margin are two metrics used to measure a company’s profitability. The difference between them is that gross profit margin only figures in the direct costs involved in production, while operating profit margin includes operating expenses like overhead. Both metrics are important in assessing the financial health of a company. Gross Profit Margin Gross profit margin shows the…
Hello fans of unusual miscellaneous facts, it’s Sunday and you know it, it’s time for fun and lightness since we’re going to look at the champions of the week, these improbable and stupid stories from our daily lives that you you may have missed, unless you hold a newsstand and read all the press. We…
Dividends vs. Buybacks: An Overview Many companies reward their shareholders in two ways—by paying dividends or buying back shares. An increasing number of blue chips, or well-established companies, are doing both. Paying dividends and stock buybacks make a potent combination that can significantly boost shareholder returns. But which is better—stock buybacks or dividends? A dividend…