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Why is payment of dividends a financing activity?

The general philosophy is that dividend payments are considered to be Financing Activities because these are payments to the investors (shareholders) who ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Did the stock market used to open at 9 am?

Trading Timeline In fact, it wasn’t until 1952 that the NYSE closed on Saturdays. The current 6.5-hour regular trading session today’s traders know and lo...

What are the qualifications of a financial manager?

Financial Manager Requirements: Bachelor’s degree in finance or accounting. Strong Excel skills. Excellent ability to problem solve along with solid analy...

What do you pay for car insurance and how can you reduce your premium?

Listed below are other things you can do to lower your insurance costs. Shop around. Before you buy a car, compare insurance costs. Ask for higher deducti...

What do you mean by American Depositary Receipt?

An American depositary receipt (ADR) is a negotiable certificate issued by a U.S. depositary bank representing a specified number of shares—often one shar...

Why did Emily Procter leave West Wing?

I loved her on the show and when I had a chance to lock her up as a series regular, I didn’t take it. “Being conscious that I already had eight mouths to ...

Can you buy and sell options after hours?

After-hours options trading is one of their — well, options! On both the NYSE and Nasdaq exchange, after-hours options trading takes place between 4:00 pm...

What is the rating of State Farm insurance?

State Farm auto insurance earned 4.5 stars out of 5 for overall performance. NerdWallet’s ratings are determined by our editorial team. How much does Stat...

Do you have to tell insurance about past accidents?

Answer: Yes, if you’ve been in an accident and had a claim paid out for your car, then you’ll need to inform any new car insurance company of this inciden...

What are the problems faced by financial services industry in India?

5 key challenges faced by India’s banks Asset quality: The biggest risk to India’s banks is the rise in bad loans. Capital adequacy: One way a bank tries ...