What Is a Magnetic Stripe Card?

A magnetic stripe card is a type of credit card that contains a stripe of magnetic information on the back of the card. This stripe can be read by a card reader and is used to store information about the cardholder, such as the account number, expiration date, and security code. The magnetic stripe is … Read more

Profit Margin Defined: How to Calculate and Compare.

What is a Profit Margin? A profit margin is a financial ratio that is used to measure the profitability of a business. It is calculated by dividing the company’s net income by its total revenue. How to Calculate Profit Margin The profit margin can be calculated by dividing the company’s net income by its total … Read more