The crypto market is down 46% from its all-time high in May, but shrewd investors are celebrating the dip in prices. Because the IRS classifies digital currencies like bitcoin as property; losses on crypto holdings are to treat much differently than losses on stocks and mutual funds, according to Onramp Invest CEO Tyrone Ross. With crypto tokens, […]
WASHINGTON — President Joe Biden responds to the June jobs numbers on Friday, saying the strong growth in employment reflects; the success of his American Rescue Plan relief bill this spring and his administration’s nationwide vaccination campaigns. Also, “We’re proving to the naysayers and the doubters that they were wrong,” Biden says; Friday morning at […]
KARACHI: The State Bank of Pakistan (SBP) on Friday eliminates the requirement of Electronic Form-E (EFE); by amending the foreign exchange regulations to facilitate exporters. Also, Through the Pakistan Single Window and International Platforms; it notifies revisions in foreign exchange regulations for export of goods from the country the central bank says. Moreover, Key changes […]
The exchange rate of the US dollar to the Pakistani rupee is determined by open-market prices set by Pakistani currency exchange dealers. Find Today’s Dollar Rate in Pakistan as of June 29th, 2021 Also, Check the latest Dollar rate today in the exchange rate in the open market. (Updated, June 29th, 2021) USD to PKR […]
What is Technique? The word technical comes from téchne, a word with Greek roots which has been translated into Spanish as’art’ or ‘science‘. A set of procedures that science, art, or skill uses. The history of technology is one of human progress in its material aspect. With its repercussions on the intellectual and spiritual order. […]
A Good Business Idea Any good business idea could be an invention, a new product or service, or an original idea or solution to everyday problems. A good business idea does not necessarily have to be a unique product or service. The majority of the entrepreneurs credited their accomplishment to the exceptional execution of ordinary […]
Purpose & Importance of Financial Ratio: Ratios help in analyzing the performance trends over a long period of time. They also help a business to compare the financial results to those of competitors. Ratios assist the management in decision-making. They also point out the problem and weak areas along with the strength areas. Ratios to […]
A liquidity ratio is a type of financial ratio used to determine a company’s ability to pay its short-term debt obligations. The metric helps determine if a company can use its current, or liquid, assets to cover its current liabilities. 1. Current Ratio: Current Ratio = Current Assets / Current Liabilities The current ratio is the […]
Importance of Liquidity ratios: Liquidity Ratio is a metric that one uses to examine the financial status of a business to pay off its debts. It is the estimation of the measure of a business’s capability to pay off its current liabilities. This is because liquidity is all about the daily income and expenses of […]
What are financial ratios: Financial ratios are relationships determined from a company’s financial information and used for comparison purposes. We can also define them as they are the mathematical comparisons of financial statement accounts or categories. These relationships between the financial statement accounts help investors, creditors, and internal company management understand how well a business […]
