Author: John

Capital Expenditures: Definition, Meaning, Formula, Examples

If you are willing to expand your business, capital expenditures are some of the investments you might make. Whether you want to buy a piece of new equipment or property or improve your current ones, these expenses can help you achieve your goal. Without them, your business could stagnate and …

How to Become a Quantitative Trader

Do you want to work in the exciting world of finance? Do you have an interest in mathematics and statistics? If so, then you may want to consider becoming a quantitative trader. Quantitative traders use mathematical models to make investment decisions. They are responsible for buying and selling financial instruments …

How Difficult Is It To Become a Quantitative Trader?

Quantitative trading is a field that is growing in popularity. Many people are interested in becoming quantitative traders, but they may not know just how difficult it is to break into this career. In this blog post, we will discuss the skills and knowledge that you need to succeed as …

Closing Entry: Definition, Example, Accounting

When it comes to accounting a closing entry is one of the crucial steps to finalizing an accounting period. This type of entry is made at the end of an accounting period and its purpose is to zero out all temporary accounts so that they are ready to be used …

Quantitative Finance and Insurance

Quantitative finance and insurance may seem like two very different industries, but they actually have a lot in common. Both fields rely heavily on mathematics and statistics to make sound decisions. In this blog post, we will discuss the similarities and differences between these two industries, as well as what …

Periodicity Assumption: Definition, Accounting, Example

Accounting concepts include assumptions that define the accounting process for entities. They differ from accounting standards as they do not apply to specific areas. Instead, accounting concepts cover all aspects of the accounting process for entities. The periodicity assumption is one of the crucial accounting concepts. What does Periodicity Assumption …

Unit Elastic: Definition, Example, Demand Supply Curves

If you’ve ever wondered about the term “unit elastic”, you’re not alone. Unit elasticity is a key concept in economics, but it can be confusing to wrap your head around. If you don’t know how it works and why it matters, you will miss out a lot as it is …

Interest income: Definition, Examples, Formula, Journal Entry

Most companies incur interest expenses for the debt finance they acquire. Sometimes, however, they may also provide funds to other entities. It usually occurs when a company invests in financial assets or securities. In that case, they may also get interest income from the underlying security. What is Interest Income? …