Finance General Faqs

How tourism is an upcoming industry?
Tourism is an upcoming industry because it is generating high level of income, nowadays it is third number of high income generating industry... ...... More »
What caused the Great Depression?
The business boom of the 1920s made people overly confident therefore, they invested their money in risky stocks and deals. In addition, banks made careless loans and soon failed when people could not pay them back. Third, businesses produced more...... More »
Is there a difference between corporate profit maximization and maximization of shareholder wealth?
Sure, profit maximization relates to profits only while shareholder wealth also involves total company equity, debt ratios and any of 15 other financial performance measure ratios. Management could focus on profit maximization over a longer peri...... More »
Is there a rule of thumb for office rent or lease per gross income?
There is a GRM (Gross Rent Multiplier) that compares the total rental/lease income to the value or price of the property. The price can run 8 to 10 times the gross income, but that can vary based on market conditions, interest rates, mana...... More »
How does one arrive at a competitive pricing strategy for a multi-service practice where there are no specific products in question?
If your question is competitive pricing of services then utilize ABC (Activity Based Costing) to determine the Cost per activity related to the service. Accumulate all such activities into a package and arrive at Cost per Package. Analy...... More »
How do the average household income of the different countries compare?
In order to answer this question it is best to look at median household income. Median household income represents the statistical mid-point, with half of all households making more and half making less. For the developed nations, median...... More »
What is the marginal cost of capital?
Marginal or incremental cost of capital is cost of the additional capital raised in a given period ...... More »
What will be the long-term effects of the Baby Boom?
There are millions of Baby Boomers coming up hot and heavy. There are pros and cons... PROS: Baby Boomers want things right and aren't too old to fight for it which could be excellent in the areas of health care, politics, ...... More »
Who are Canadas top three trading partners?
1 U.S 2 Japan 3 United Kingdom ...... More »
What is the Gross Domestic Product of Norway?
Norway is one of the world's most developed nations and is home to one of the most advanced economies in the world. The country's overall GDP is quite large considering the nation's small population. Its GDP per capita is higher than t...... More »