. How Stratified Random Sampling Works: Stratified random sampling is a method of selecting a sample from a population in which the population is divided into strata, and a random sample is taken from each stratum. This type of sampling is often used when the population is heterogeneous, and it is desired to have a … Read more
A chartered accountant (CA) is a professional who provides financial and accounting services to businesses and individuals. CAs are regulated by professional bodies such as the Institute of Chartered Accountants in England and Wales (ICAEW) and the Chartered Institute of Accountants in Scotland (ICAS). The main role of a CA is to provide financial advice … Read more
Formula for Calculating Growth Rates and Definition of Growth Rate How do you find the growth factor and growth rate? The growth factor is the factor by which something grows. The growth rate is the rate at which something grows. To find the growth factor, divide the final value by the initial value. To find … Read more
Risk financing is the process of financing the costs associated with unexpected events, such as natural disasters or lawsuits. Risk financing can be done through insurance, self-insurance, or a combination of the two. The goal of risk financing is to protect the financial stability of a company in the event of an unexpected loss. What … Read more
The coefficient of determination, also known as the R-squared value, is a statistical measure that tells you how well a data set fits a mathematical model. In other words, it tells you how close the data points are to the line of best fit. The coefficient of determination ranges from 0 to 1, with 1 … Read more
The coefficient of variation (CV) is a statistical measure of the dispersion of data points around the mean. It is calculated as the ratio of the standard deviation to the mean. The CV is a useful measure when comparing data sets that have different means. It standardizes the data so that it can be more … Read more
Investors often seek out investments that offer high levels of liquidity, which is the ability of an asset to be quickly converted into cash without affecting the asset’s market value. However, investments that offer high levels of liquidity also come with higher levels of risk. Liquidity risk is the risk that an investment will lose … Read more
The after-tax real rate of return is the return on an investment after taking into account taxes and inflation. This rate is useful in comparing different investments, as it reflects the true return on an investment after accounting for the effects of taxes and inflation. To calculate the after-tax real rate of return, first, the … Read more
The like-for-like sales number is a measure of a company’s sales performance over time. It is a way to compare sales from one period to another, without considering the effects of inflation or other factors that can distort the data. To calculate like-for-like sales, you take the sales from a specific period and compare it … Read more
Sales per share is a financial ratio that measures a company’s sales relative to its number of shares outstanding. It is calculated by dividing a company’s total sales by its number of shares outstanding. This ratio is generally used to compare companies of different sizes, or to compare a company’s sales performance over time. A … Read more
