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2022-02-21 21:02:15 Accounting Equation

The accounting equation states that a company's total assets are equal to the sum of its liabilities and its shareholders' equity.

This straightforward number on a company balance sheet is considered to be the foundation of the double-entry accounting system. The accounting equation ensures that the balance sheet remains balanced. That is, each entry made on the debit side has a corresponding entry (or coverage) on the credit side.

The accounting equation is also called the basic accounting equation or the balance sheet equation.

Assets represent the valuable resources controlled by the company. The liabilities represent their obligations.

Both liabilities and shareholders' equity represent how the assets of a company are financed.

Financing through debt shows as a liability, while financing through issuing equity shares appears in shareholders' equity.

(Investopedia)

:- FourWeekMBA

@goferebusiness ክፈት / አስተያየት ይስጡ

2022-02-14 22:01:39 My daughter will never marry a poor man!"

Bill Gates explains
The reason why his daughter was not allowed to marry a poor man,

“A few years ago I attended a conference in the United States on investment and finance. One of the speakers was Bill Gates and at the question-and-answer stage I asked a question that made everyone laugh.

If he, the richest man in the world, could accept that his daughter should marry a poor or humble man. His answer turned my life upside down;

Bell's answer was as follows:

First, understand that wealth does not mean having a large bank account!

Wealth is primarily the ability to create wealth.

Example: A person wins the lottery or the lotto. Although he won $100 million, he is not a rich man: he is a poor man with a lot of money, which is why 90% of the millionaires who win the lottery go back to being poor after 5 years.

You also have rich people who don't have money. An example of most entrepreneurs.

They are already on the path to wealth, even if they don't have money, because they are developing their financial intelligence and that is wealth.

How are the rich and the poor different?

It's simply like this: the rich can die to get rich, while the poor can kill to get rich.

If you see a young man who decides to graduate, learns new things, is constantly trying to improve, then know that he is a rich man.

If you see a young man who thinks that the problem lies in the state, and thinks that the rich are all thieves and criticizes them constantly, then know that he is a poor man because he is poor in mind!

The rich are convinced that they only need information and training to get started, while the poor believe that others should give them money to get started.

In conclusion, when I say that my daughter will not marry a poor man, I am not talking about money. I'm talking about this man's ability to create wealth.

Sorry for what I'm going to say, but most criminals are poor people. When they stand in front of a large amount of money, they lose their minds, which is why they steal, steal etc...

For them, this is a blessing, because they do not know how to make money on their own.

One day, a bank guard found a bag full of cash, took the bag and handed it to the bank manager.

People considered this man an idiot, but in reality he was just a rich man with no money.

After one year, the bank offered him a position as a receptionist, after 3 years he was in charge of clients, and after 10 years he was running the regional branch of this bank, managing hundreds of employees and his annual bonuses exceeding the value of what was in that bag!

Wealth first is a state of mind, my friend..."

unknown ክፈት / አስተያየት ይስጡ

2022-02-14 21:02:34 80-20 Rule

The 80-20 rule, also known as the Pareto Principle, is an aphorism which asserts that 80% of outcomes (or outputs) result from 20% of all causes (or inputs) for any given event. In business, a goal of the 80-20 rule is to identify inputs that are potentially the most productive & make them the priority. For instance, once managers identify factors that are critical to their company's success, they should give those factors the most focus.

Although the 80-20 axiom is frequently used in business & economics, you can apply the concept to any field—such as wealth distribution, personal finance, spending habits, & even infidelity in personal relationships.

The 80-20 rule maintains that 80% of outcomes (outputs) come from 20% of causes (inputs).

In the 80-20 rule, you prioritize the 20% of factors that will produce the best results.

A principle of the 80-20 rule is to identify an entity's best assets & use them efficiently to create maximum value.

(Investopedia)

:- Brain Boosted

@goferebusiness ክፈት / አስተያየት ይስጡ

2022-02-01 22:35:33 የኢትዮጵያ ንግድ ባንክ ያለካርድ ከኤቲኤም ገንዘብ ማውጣት የሚያስችል አገልግሎት መስጠት ጀመረ!!
===========
ደንበኞች ከሲቢኢ ብር ሒሳባቸው ያለካርድ ከኤቲኤም ገንዘብ ማውጣት የሚችሉበትን አሠራር ባንካችን ተግባራዊ አድርጓል፡፡

በዚህ አገልግሎት ደንበኞች ከራሳቸው ሌላ የሚፈልጉት ግለሰብ በኤቲኤም አማካኝነት ከሲቢኢ ብር ሒሳባቸው ገንዘብ እንዲያወጣ ማድረግ ይችላሉ፡፡

የዚህን አገልግሎት አጠቃቀም ከተያያዘው የአጠቃቀም መመሪያ ይመልከቱ፡፡

(Via https://t.me/combankethofficial)

@goferebusiness ክፈት / አስተያየት ይስጡ

2022-02-01 21:59:59 Z-Score

A Z-score is a numerical measurement that describes a value's relationship to the mean of a group of values.

Z-score is measured in terms of standard deviations from the mean. If a Z-score is 0, it indicates that the data point's score is identical to the mean score.

A Z-score of 1.0 would indicate a value that is one standard deviation from the mean.
Z
-scores may be positive or negative, with a positive value indicating the score is above the mean and a negative score indicating it is below the mean.

In finance, Z-scores are measures of an observation's variability and can be used by traders to help determine market volatility. The Z-score is also sometimes known as the Altman Z-score.

A Z-Score is a statistical measurement of a score's relationship to the mean in a group of scores.

A Z-score can reveal to a trader if a value is typical for a specified data set or if it is atypical.

In general, a Z-score below 1.8 suggests a company might be headed for bankruptcy, while a score closer to 3 suggests a company is in solid financial positioning.

Investopedia.com

@goferebusiness ክፈት / አስተያየት ይስጡ

2022-01-19 22:22:13 “የኛ የኢትዮጵያዊያን ያለፈው ታሪክ እጅግ ያሳዝናል። ከብዙ መቶ ዓመታት በፊት ጀምሮ እስካሁን ድረስ ፍጹም የሆነ ሰላም አግኝተን አናውቅምና። የተወደደች ሀገራችን፣ ዘወትር በጠላቶች ተከባ ስትኖር ነበረች፤ ትኖራለችም። ነገርግን በእግዚአብሔር ቸርነት የውጭ ጠላት ከዚህ በፊት አላዋረደንም። አንድነትም ስንሆን ምንም የሚደፍረን እንደሌለ ታሪክ ይመሰክራል። ዘወትርም በስምምነትና በፍቅር አድረን ብንሆን እስከ ዛሬ ድረስ ብዙውን ትልልቅ ነገር መፈጸም እንችል እንደነበር ጥርጥር የለውም። እግዚአብሔር ብዙ በረከት ሰጥቶናልና። ትምሕርትን በቶሎ መቀበል የሚችል ልቦናና የጦረኛን ባሕሪ፣ ማለፍያና ሀብታም አገርንም። ካለመስማማታችን የተነሳ ግን ሌሎች ሕዝቦች በአዕምሮና በጥበብ እየበረቱ ሲሄዱ እኛ ወደ ኋላ ቀረን። እንደ አረመኖች እስኪቆጥሩን ድረስ። የዱሮውም ያሁንም ኑሮዋችን እጅግ ያሳዝናል። በመላው ዓለም ላይ ሰላም ሲሰፋ አዕምሮም ስትበራ እኛ በጨለማ እንኖራለን። እርስ በርሳችን መጠራጠርንም አልተውነም። ሕዝቦቹም ሁሉ እርስ በርሳቸው በፍቅር ተቃቅፈው ስለ ልማታቸው ባንድነት ሁነው ሲደክሙ እኛ አንድ ዘርና ወንድማማች መሆናችንን ገና አልተገለጸልንም። እርስ በርሳችን መፋጀትም እስከ ዛሬ ድረስ ጀግንነት ይመስለናል። ስለዚህም እግዚአብሄር ለብርታት የሚሆነውን ስጥወታ ሁሉ ሰጥቶን ሳለ ባለቤቶቹ ሰነፍን። ሌሎቹም ነገሥታት እንደ ሰነፎች ይቆጥሩናል፣ይንቁናልም" ~ ነጋድራስ ገብረ ሕይወት ባይከዳኝ፣ ኢትዮጵያዊው ዶክተር፣ የምጣኔ ሃብት ባለሙያ እና ምሁር!

(ነጋድራስ ገብረ ሕይወት ባይከዳኝ ሥራዎች፣ 2002 ዓ.ል፣ ገጽ 19-20)

@goferebusiness ክፈት / አስተያየት ይስጡ

2022-01-19 20:06:15 Yankee Bond

A Yankee bond is a debt obligation issued by a foreign entity, such as a government or company, which is traded in the United States and denominated in U.S. dollars.

A Yankee bond is a debt obligation denominated in U.S. dollars that is publicly issued in the U.S. by foreign banks and corporation, and sometimes even governments.

Yankee bonds are subject to U.S. securities laws, as they trade on U.S. exchanges.

Yankee bonds offer the issuer to chance to get cheaper financing and reach a broader investment audience; they offer investors the chance for better yields.

On the downside, Yankee bonds can take a long time to come to market, subjecting them to interest rate risk; they are also vulnerable to currency risk and other problems in their home country's economy.

Investopedia.com

Image Credit:- Kalkinemedia

@goferebusiness ክፈት / አስተያየት ይስጡ