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Tip of the Day Save at Least 10% of Your Annual Salary for Retirement

Save at Least 10% of Your Annual Salary for Retirement - No matter what age you are, you should be thinking about your life after retirement. In order to...

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Acid-Test Ratio

Acid-Test Ratio - The acid-test ratio is the value of a company's total assets, less the value of their inventory, compared to the total value of their current liabilities. By using this ratio, which is a stringent measure, you are able to tell how well the company is meeting its obligations over a short-term period. So, basically this ratio only takes into account how much liquid cash is available, inventory is not cashable therefore it is subtracted from the liquid cash value, creditors can tell how much short term debt the company is carrying and how quickly it can be paid by selling all the company's current assets on short notice.

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Definition of the Day Ex-Dividend Date

Ex-dividend date - An ex-dividend date is the first day of the ex-dividend period (between the time the dividend was announced and payout). Creating an ex-dividend date in this way will facilitate all unfinished transaction prior to the record date, which is the date that an investor must own shares...

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