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Tip of the Day

Tip of the Day Take A Deep Breath

Take A Deep Breath - After reading this if all you have done is follow five to seven of the tips offered you are now saving more money than you...

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Current Ratio

Definition: The current ratio measures a company's ability to meet its current financial obligations by dividing its current assets (such as cash, accounts receivable, etc.) by its current liabilities.

Advice: The current ratio is a good way to determine a company's current financial health.  If a company's balance sheet looks kinda nasty and the current ratio is low, the company may have to default on its debt in the near future.  When that happens, the company will go bankrupt.

 

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Daily Definition

Definition of the Day Backgrounder

Backgrounder - a backgrounder is a document which contains the history of company, or a specific product...  The information in the backgrounder contain financial information, lists key personnel, goods and service information, a mission statement , and the company’s objectives The backgrounder is usually brief, and is a basic summary...

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