The Daily Horizon

Featured Article

What is a long put in finance?

A long put refers to buying a put option, typically in anticipation of a decline in the underlying asset. A trader could buy a put for speculative reasons...

Read Full Article Browse culture

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Does fixed cost change per unit?

Fixed costs are those that stay the same in total regardless of the number of units produced or sold. Although total fixed costs are the same, fixed costs...

What is the effect of performing service on account on the basic accounting equation?

Question: Performing services on account will have the following effects on the components of the basic accounting equation: (a) increase assets and decre...

How do I find out if a company is self employed?

If they say they do not have a Limited Company, then unfortunately there is no way to check whether they are self-employed. There is no register of sole t...

What account type is an investment?

There are four basic types of investment accounts: Individual Brokerage Account (or Joint Brokerage Account) IRA (Individual Retirement Account): Roth or ...

What is a good net worth to total assets ratio?

While a 100% ratio would be ideal, that does not mean that a lower ratio is necessarily a cause for concern. Some assets, such as those that generate stab...

What is a good profit margin for labor?

The Significance of Labor Cost Typically, labor cost percentages average 20 to 35 percent of gross sales. Appropriate percentages vary by industry, A serv...

What are the options for care of an elderly person?

To find the most affordable and suitable nursing care that suits your budget, experts recommend exploring these options: Informal caregivers. Paid caregiv...

What is segment reporting as per AS 17?

A BUSINESS SEGMENT is a distinguishable component of an enterprise that is engaged in providing an individual product or service or a group of related pro...

How does fixed cost affect decision making?

Decision Making The availability of fixed cost information frequently promotes business decisions that reduce the operating leverage due to overproduction...