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How do you explain finance to non finance?

‘It’s An Art’: Explaining Financials to Non-Finance Colleagues 8 tips for communicating numbers to colleagues. You have to tell a story. Don’t be afraid t...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What items are included in inventory?

Inventory refers to a company’s goods and products that are ready to sell, along with the raw materials that are used to produce them. There are three pri...

What happens when you sell your house in California?

When you sell your California home, a title company will conduct a title search and write a Preliminary Title Report, often called a “PTR.” The title insu...

How do you predict the future budget?

How to forecast a budget Gather past and current data. Perform a preliminary analysis. Set a time frame for the budget. Establish revenue expectations. Es...

What type of pension is a defined contribution?

defined contribution – a pension pot based on how much is paid in. defined benefit – usually a workplace pension based on your salary and how long you’ve ...

How do I get a divorce settlement?

Accept installment payments. Write a letter. Write a letter to show your former spouse/partner that it is in his or her best interest to pay the judgment ...

What happens when a business issued bonds at discount?

The term bonds issued at a discount refers to newly issued debt that is sold at a price which is less than its par value. When a bond is issued at a disco...

How is PBR calculated?

Companies use the price-to-book ratio (P/B ratio) to compare a firm’s market capitalization to its book value. It’s calculated by dividing the company’s s...

What exactly is guerilla marketing?

Guerrilla marketing is a marketing tactic in which a company uses surprise and/or unconventional interactions in order to promote a product or service. Ho...

How do you solve a balloon mortgage?

Refinance: When the balloon payment is due, one option is to pay it off by obtaining another loan. In other words, you refinance. That new loan will exten...