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Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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Government Enterprise

Government Enterprise – A government enterprise will be taking on new meaning in 2009, as the US Government holds a stake in General Motors, among other businesses.  In the past, a government enterprise usually referred to company that is sponsored by the government, and these were typically public utilities.  The benevolent reasoning for the government to support services such as transportation, energy, water or telecommunications, is to secure and maintain basic community infrastructure.  This action can create some monopolies within those industries. However the government feels its’ involvement is in the best interest of the consumers.

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Definition of the Day Coverage Ratio

Coverage Ratio - the term coverage ratio is a type of accounting tool that helps measure a company’s ability to survive and grow.  Simply by comparing the company’s assets (gross profits) and liabilities (expenses) are a form of figuring the coverage ratio. The higher the assets, and the lower...

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