Condensed Financials Definition.

The condensed financials definition refers to a company’s financial statements that have been condensed into a shorter, more manageable format. This typically includes the balance sheet, income statement, and cash flow statement. The condensed financials definition can also include other financial information such as key ratios and performance metrics. What are the 3 basic tools … Read more

P-Value: How to Calculate It and Why It Matters.

P-Value: What It Is, How to Calculate It, and Why It Matters What is p-value in simple words? A p-value is a statistical measure that tells you how likely it is that a result occurred by chance. P-values are used to determine whether a result is statistically significant, which means that it is unlikely to … Read more

How the Net Interest Rate Spread Works.

The net interest rate spread is the difference between the average yield on loans and the average yield on deposits. The spread is used to cover the costs of running a bank, including employee salaries, building costs, and regulatory compliance. The spread is also a source of revenue for the bank. The average yield on … Read more