Account

The Importance of Salvage Value in Payback Period Analysis

The payback period (PBP) is the time it takes to recover the initial investment. Likewise, Salvage value is the amount…

10 months ago

How do you determine the payback period?

The payback period (PBP) is the time it takes to recover the initial investment. For example, we have a dairy…

10 months ago

What is Salvage Value?

Salvage value is the amount we can obtain after selling an asset. It is the monetary value of the long-term…

10 months ago

Product Cost Vs Period Cost

When you hear about ‘cost,’ what comes to your mind? For me, it’s the price we are willing to pay…

10 months ago

Mastering the Numbers: Top Financial Ratios Simplified

Ratio analysis is the quantitative approach to finding the company's actual financial position, including revenue, expense, profitability, liquidity, etc. It’s…

10 months ago