A Beginner’s Guide to Inventory Turnover Ratio (2022)

A Beginner’s Guide to Inventory Turnover Ratio (2022)

Image source: Getty Images Understanding the optimal inventory turnover ratio for your company and products is like a lighthouse, directing you to make the best business decisions. Inventory management is a critical business operation that directly impacts sales efforts, cost control, and financial projections. Too much inventory results in bloated expenses and resources that could … Read more

5 Steps to Calculating Standard Deviation

An asset’s standard deviation tells you how much its particular and average returns vary. You can quickly calculate or look up the standard deviation of different assets. A high standard deviation can indicate the asset’s returns will be more volatile. Investors need to consider different types of risk when they’re choosing which investments to buy … Read more

Today’s Mortgage Rates Edge Closer to 6% | May 18, 2022

Mortgage rates are higher across almost all loan categories today. Homebuyers applying for a 30-year fixed-rate mortgage will see averaging rates of 5.962%. For those looking for alternatives, the 15-year fixed-rate mortgage is averaging 4.967%. Meanwhile, the 5/1 adjustable-rate mortgage is averaging 4.391%. The latest rate on a 30-year fixed-rate mortgage is 5.962%. ⇑ The … Read more

Inflation could mean a big Social Security cost-of-living adjustment in 2023

Sporrer/Rupp | Image Source | Getty Images Social Security beneficiaries started 2022 with a 5.9% cost-of-living adjustment to their monthly checks, the highest increase in about 40 years. But as inflation climbs with each month, the buying power of those benefit increases has diminished. The Consumer Price Index for all Urban Consumers, or CPI-U, rose … Read more

NHL betting guide: Daily picks, odds, win probabilities and advice

Follow our live NHL Playoffs updates of Bruins vs Hurricanes, Lightning vs Maple Leafs and Kings vs Oilers. Welcome to our daily game probabilities page where you will find the win probability for each of the night’s games, as well as betting advice based on how those probabilities compare to marketplace odds. The game probabilities … Read more

I bonds to deliver a record 9.62% interest for the next six months

Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are paying a 9.62% annual rate through October 2022, the highest yield since being introduced in 1998, the US Department of the Treasury announced … Read more