To ensure that the customers get the right price for the products, it is important to calculate the sales tax. While the US doesn’t have a ruling for the maximum
GST (Goods and Services Tax) reconciliation is done to know whether the tax collected/paid when purchasing/selling something matches the CRA records of the government. In Excel, we can use various
Creating and following a personal budget is a smart decision for any finance-literate person. A budget can help you track your income and expenses, and plan for the future. Excel,
To determine a product’s sales target, it is important to calculate the break-even point. A break-even chart is the visual representation of the break-even analysis. Using the fixed cost, variable
If you are taking a loan to buy a home, you would have to pay the loan back through equated monthly installments. A home loan is one of the most
A payback period is the time an investment takes to break even. A discounted payback period is when the cash flow is discounted to comply with the time value of
Calculating the future value of an annuity helps you measure the value of a series of payments over time. For example, if you open a DPS account at a bank,
To monitor your stocks, you might want to track the stock portfolio. In Excel, it is easy to create a sheet that will help you track the sharemarket status and
The dividend discount model is used to determine the appropriate price of a stock by considering the present value of the future dividends that the stock is expected to pay.
