The Daily Horizon

Featured Article

Can you clean gold with vinegar?

Vinegar. Cleaning your gold and gemstone jewelry couldn’t be easier with white vinegar. Simply drop the jewelry into a jar of vinegar and let sit for 10 t...

Read Full Article Browse global events

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Which type of financial statement summarizes incomes and expenses for a period of time?

Profit and Loss Profit and Loss (P&L) Statement A P&L statement, often referred to as the income statement, is a financial statement that summariz...

What shows the net profit of a business?

Net income is found by taking sales revenue. In accounting, the terms “sales” and and subtracting COGS, SG&A. It includes expenses such as rent, adver...

What is difference between over capitalisation and under Capitalisation?

Overcapitalization indicates a situation of over-funding i.e.: the company has raised excessive funds as compared to its current requirements. Undercapita...

What is meant by 24 and 22 carat gold?

Purity: 24K signifies 99.9 % purity and 22K is approximately 91 percent pure gold, with the other 9% consisting of other metals such as copper, silver,zin...

How did gold get on earth?

All of the gold found on Earth came from the debris of dead stars. As the Earth formed, heavy elements such as iron and gold sank toward the planet’s core...

Does investment increase cash flow?

For instance, a company may invest in fixed assets such as property, plant, and equipment to grow the business. While this signals a negative cash flow fr...

How much is a graduation ring worth?

The average college graduation ring costs anywhere from a few hundred dollars to a few thousand! How much is a silver high school ring worth? Silver stamp...

How much is sterling silver selling per gram?

Current Silver Prices (updated hourly from Currency Layer) Current Silver Price per Troy Ounce: USD $25.50 GBP £18.32 Current Silver Price per Gram: USD $...

What is the value of 18 karat gold?

Today’s Gold Prices Per Gram 10K $22.21 14K $30.78 18K $39.94 Is 4K gold real gold? When a piece of jewelry is marked as 18K gold, that means it is 18 par...