In the workplace, we’re constantly bombarded with new information to sort through and find solutions. Employers want to hire people who are good at analyzing these facts and coming to rational conclusions — otherwise known as critical thinking skills. Critical thinking skills are a type of soft skill that describes how you process information and …
The asset turnover ratio provides valuable insights into how effectively a company utilizes its assets to generate revenue. Therefore, comprehending and interpreting this ratio is crucial for students interested in corporate finance. This article will delve into the asset turnover ratio, its calculation, interpretation, and significance in financial analysis. What Is the Asset Turnover Ratio? …
The debt ratio is a financial metric that compares a business’ total debt to total assets. It’s a crucial ratio that analysts and finance professionals use to assess a company’s financial health. In this article, we’ll review the debt ratio and why it is an essential concept for students interested in corporate finance. What Is …
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Operating expenses are recurring costs necessary to sustain daily business activities and generate revenue. They are essential for the continued operation of a business and are typically incurred within a short time period. Operating Expenses Definition Operating expenses, also known as OPEX, refer to the ongoing costs incurred by a business to maintain its day-to-day …
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User research, often called user experience research, is a type of research that aims to understand what users want and need and how consumers interact with a product or service. Researchers use interviews, surveys, web analytics, and A/B testing to gather data from users and consumers. This feedback then informs product design and improvements. But …
Qualitative research seeks to gain insights and understand people’s experiences and perspectives by studying social organizations and human behavior. Data in qualitative studies focuses on people’s beliefs and emotional responses. Qualitative data is especially helpful when a company wants to know how customers feel about a product or service, such as in user experience (UX) …
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Research is the process of examining a hypothesis to make discoveries. Practically every career involves research in one form or another. Accountants research their client’s history and financial documents to understand their financial situation, and data scientists perform research to inform data-driven decisions. In this guide, we’ll go over: Research Definition Research is an investigation …
Quality assurance is a process that helps ensure a software program functions flawlessly (or close to it). Though their work often occurs during the early stages, a QA tester has a significant impact on the end product. But what is QA testing, and what does a QA tester do? This guide breaks it all down. …
Microsoft Excel is a program in the Office 365 suite typically used to store, sort, and manipulate data. Although Excel is not a database, it is often used in data analytics and finance careers to assess large amounts of information and create visualizations. It’s also a commonly used tool in project management to organize information …
Operating income is a company’s profits after deducting operating expenses. This type of income is commonly calculated in accounting and investment banking to measure profitability. Operating expenses include costs associated with production and regular business obligations like employee wages. Calculating a company’s operating income involves looking at gross profits and subtracting all costs related to …
