Finance
Quick Guide: Understanding the Pareto 80/20 Principle
Some observations by economists, sociologists and philosophers have been remarkable in shaping the way people view the world. One such observation was by an Italian economist named Vilfredo Pareto. His observation regarding the wealth inequality in Italy led to the Pareto principle. This principle is also known as the 80/20 rule and explains something quite […]
How To Edit the Candlestick Chart PowerPoint Template
The candlestick was introduced in Japan during 17th century and it was widely used for technical analysis to trade rice. The US version was initiated by Charles Dow around 1900, although many of the guiding principles were very similar. Candlestick is a chart that displays the high, low, opening and closing prices for a security. This kind […]
What is FIFO and LIFO?
FIFO and LIFO are inventory evaluation methods. FIFO (First in First Out) is meant to use stock based on first unit being sold first, whereas LIFO (Last in First Out) assumes the opposite. Let’s explore these two inventory evaluation methods in detail and see how we can create FIFO and LIFO related reports, diagrams and presentations […]