What is an Ethical Dilemma? An ethical dilemma, ethical paradox, or a moral dilemma is a problem that requires a decision between two possible options. The problem is that neither option is absolutely acceptable from an ethical perspective. You may face many ethical and moral problems in your daily lives. […]
Monthly Archives: September 2020
13 posts
What is Infinite Banking? Infinite banking refers to a process where an individual becomes his or her own banker. The infinite banking concept is promoted by Nelson Nash. In his book, “Becoming Your Own Banker,” Nash explains the use of whole life insurance policies that distribute dividends. By owning such […]
What is the Working Capital Formula? The working capital formula is: Working capital = Current Assets – Current Liabilities The working capital formula tells you the short-term liquid assets available after short-term liabilities have been paid off. It measures a company’s short-term liquidity. It is important for financial analysis, financial […]
What is an Original Equipment Manufacturer (OEM)? An Original Equipment Manufacturer or OEM is a company (Company A), that manufactures and sells products or parts of a product. That product is purchased by another company (Company B) and used as a component in its product offering. Company B sells the […]
What Is Straight Line Depreciation? Straight line depreciation is a method of calculating depreciation and amortization. Also known as straight line basis, it is the simplest way to work out the loss of value of an asset over time. Straight line basis is calculated by dividing the difference between an asset’s cost and […]
Amazon Price Match Policy Have you ever bought something on Amazon only to see the price drop after your purchase? Most likely, it’s happened to just about everyone who buys something on Amazon. It used to not be a problem because most people didn’t continue comparing prices once they made […]