Opinion

Understanding the Total Assets Formula

Understanding the Total Assets Formula

The Total Assets Formula, also known as the long-term debt to asset ratio, is one of several leverage ratios used to assess companies&..

Home Loans For Purchasing A Used Car – Making The Right Decision

Home Loans For Purchasing A Used Car – Making The Right Decision

Upper class income individuals may find it difficult to obtain a home loan for purchasing a new or used vehicle. This is especially tr..

The Importance of Debt-to-Total Assets Ratios

The Importance of Debt-to-Total Assets Ratios

The total debt-to-total assets ratio is defined by the Fitch rating agency as a measurement of the amount of financial risk a business..

The Political Philosophy of Income

The Political Philosophy of Income

Income distribution refers to the method in which the wealth of the country is distributed among its citizens. The concept of income d..

What Is Income Elasticity?

What Is Income Elasticity?

In economics, the economic value of income elasticity is the responsiveness of a certain amount demanded for a good to an increase in ..

How to Calculate Total Assets

How to Calculate Total Assets

There are so many people who ask the question, how to calculate total assets for tax purposes, or even for other business purposes suc..

How Is Average Income Calculated?

How Is Average Income Calculated?

The US average income has been steadily increasing every year since 2020. In recent years, however, the increase has not been as stron..

Understanding the National Production and Income Analysis

Understanding the National Production and Income Analysis

The statistical process of calculating national income is often compared to that of a census. A variety of methods of national product..

Financial Ratios

Financial Ratios

A Financial Ratio or financial accounting ratio is a comparative ratio based on two selected values taken from the financial statement..

What is Your Tax Year?

What is Your Tax Year?

How do you figure out your adjusted gross income? You get this from the IRS and it will be what you need to figure out your taxes, too..