Finance

Loan amortization refers to the process of scheduling out a fixed rate loan into equal payments. This allows a borrowerRead More →

Assuming you have $10,000 in your bank account today. Of course that is the present value of your money becauseRead More →

The future value of money is the value of a certain amount of money at some point in the future.Read More →

Time Value of Money (TVM) is an important concept in finance because it provides the foundation for investment and consumptionRead More →

Money certainly has value; but the value of money today is not the same as the value for tomorrow. ThisRead More →

The mechanisms used to control working capital involves adjusting the components of working capital, which are current assets and currentRead More →

Working capital allows companies to finance and grow their businesses without the need for more expensive outside sources of funding.Read More →

Working capital plays a significant role in the management of a company’s resources. Companies that are making losses might haveRead More →

Based on the formula of calculating working capital in section 5.1, we can identify some of the key components ofRead More →

There are several technical definitions of working capital, some being complex and difficult to break down. However, the simple definitionRead More →

While the financial sector in general is growing, indigenous financial institutions are slowly declining in popularity and influence. Traditional banksRead More →

Kenya has experienced rapid growth of financial institutions in the past few decades. Apart from over 40 banks in operation,Read More →