Inflation is one of the most familiar words in economics or the economy. Inflation is the rate of increase in...
Read moreSpeculation is the Purchase of an asset, with the hope to resale at a higher price or Sale of an...
Read moreWe had discussed in preceding weeks, the items of the balance sheet (Statement of Financial Position) and the income statement...
Read moreIn the preceding weeks, we have discussed the Statement of Financial Position (aka Balance Sheet) and the Income Statement (aka...
Read moreYou need to be ready for every event that might occur in your business and be able to turn it...
Read moreIn week 9, we had introduced the Income Statement, which we agreed provide us the basis to predict the future...
Read moreIn our last class, we had summarized the balance sheet, the financial statement that lets us know what our invested...
Read moreIn week 6 & week 7, we discussed the liabilities and Shareholders' fund (equity), both of which provide the funding...
Read moreIt is not easy to live in Nigeria on a normal day and now it is more difficult to get...
Read moreIn week 3, we were introduced to the asset items, and in week 6, we learnt about the liabilities. One...
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