It’s National Author’s Day. Did you know there was a day devoted to honoring all the authors out there? Neither did I…until recently. So, in honor of National Author’s Day, I thought we should spotlight our “resident author” and...
In the BizBasics Online Finance 1 course, The Fundamental Philosophy of Spending Decisions is a study in simplicity. This is a philosophy which is NOT in any books on finance but was developed by the Biz Buck Guy based on many years of experience. (It subsequently...
Here is a little Financial Decision-Making review for you… …Time value of money is taught as the basis for financial decision making in all reputable business schools. Cash is king, meaning earnings are a garbled version of the actual cash firms make. Cash...
When people think about their own business skills, some don’t understand there are three contexts. First, people usually know their own business, meaning their functional duties. The duties they do day-to-day within the larger organization. This amounts to a great...
We are back with our Practice Problem Series. This is part B of our Choco – Hollick Candy Company Inc. practice problem. If you missed Part A of this Practice Problem, you can catch up and read it HERE. These Practice Problems will put to use the skills and...
When doing an NPV analysis of a capital budgeting decision, the Biz Bucks methodology has three basic parts: draw the cash flows using arrow diagrams, use NPV to determine if the project is “NPV positive”, then handle uncertainty through a decision tree. Getting the...
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