Diannne The bandwagon effect is a cognitive bias that refers to the tendency for people to conform to the beliefs or behaviors of a group. This effect is often driven by the desire to fit in or be accepted by others, and can lead people to adopt beliefs or engage in behaviors even if they do … Read more
Off-balance sheet (OBS) items are items that appear on a company’s financial statements, but which are not included in the company’s balance sheet. OBS items include things like operating leases, joint ventures, and other arrangements that may not be reflected on the balance sheet. While OBS items are not included in the balance sheet, they … Read more
What Is Burn Rate? There are two types of burn rate: 1. The rate at which a company is spending its cash in order to sustain its operations 2. The rate at which a company is losing money What is a good burn rate? A “burn rate” is a measure of how quickly a company … Read more
