What is Cycle Efficiency?
They don't fall into the same category that other companies do so they often get ignored. Today we will continue with our series of looking at the different formulas that can help us unravel the mysteries of these institutions. In this post, we will ...
Effective Interest Rates
Read on to learn how to use Excel’s EFFECT formula to calculate an effective interest rate (APY) from a nominal interest rate (APR). The nominal interest rate, also called annual percentage rate (APR), is simply the monthly interest rate (say 1% per ...
How to Determine the Depreciation Rate
In later years, a lower depreciation expense can have a minimal impact on revenues and assets. However, revenues may be impacted by higher costs related to asset maintenance and repairs. Sum-of-years-digits depreciation is determined by multiplying t...