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technique

Applying the Pareto Principle in Financial Analysis

Introduction The Pareto Analysis is a statistical technique employed in decision-making to identify a limited set of tasks to produce the most significant effect. We base it on the Pareto Principle, which stipulates that 20% of the work on a project generates 80% of the outputs. The technique is also Read more…

By Dobromir Dikov, 1 year4 months ago

Cost-Volume-Profit Analysis and Break-even point

Today we will take a look at Cost-Volume-Profit (CVP) analysis and the Break-even point (BEP) in sales. Cost-Volume-Profit Analysis The Cost-Volume-Profit  (CVP) analysis is a method of cost accounting. It looks at the impact of changes in production costs and sales on operating profits. Performing the CVP, we calculate the Read more…

By Dobromir Dikov, 2 years4 months ago

Introduction to Financial Analysis

In today’s article, we will look at what Financial Analysis stands for, how to perform it and, most importantly, why it is essential for businesses. What is Financial Analysis? If you google the definition, what you get is something along the lines of Financial analysis is the assessment of the Read more…

By Dobromir Dikov, 2 years4 months ago
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