Lifehacks

What is the Fannie Mae liquidity test?

What is the Fannie Mae liquidity test? This test excludes inventory from current assets in calculating the proportion of current assets available to meet current liabilities. How are AR days […]

What is a bad acid test ratio?

What is a bad acid test ratio? Companies with an acid-test ratio of less than 1 do not have enough liquid assets to pay their current liabilities and should be […]

How did Spain Own Louisiana?

How did Spain Own Louisiana? In 1762, during the French and Indian War, France ceded its America territory west of the Mississippi River to Spain and in 1763 transferred nearly […]

Are Finns really happy?

Are Finns really happy? Finland was named the happiest country in the world in March 2020 for the third year running in the annual World Happiness Report. I traveled to […]

How common is credit card skimming?

How common is credit card skimming? Credit card skimming is a sneaky tactic. Approximately 35.4% of all credit card fraud in the U.S. is related to counterfeit cards. 19. How […]