interest coverage ratio

Interest Coverage Ratio Formula – Why it is Useful and How to Calculate

What Is the Interest Coverage Ratio Formula? The interest coverage ratio formula is a both a debt ratio and profitability ratio.  The ratio measures the number of times a company can make interest payments on its debt with its earnings before interest and taxes (EBIT).  It is used to determine […]

voided check

What is a Voided Check – How to Properly Void a Check

Voided Check – What is a Void Check?  How to Properly Void a Check (2020 Guide)  What is a Voided Check  A voided check is a check that has the word “VOID” written across the front. The check can be blank or partially filled in.  The word VOID indicates that […]

GDI gross domestic income

GDI – What is Gross Domestic Income (GDI) vs Gross Domestic Product

What is Gross Domestic Income (GDI) vs Gross Domestic Product (GDP)? Gross Domestic Income (GDI)  Gross domestic income (GDI) is a measure of total economic activity.  It is based on all the income earned while producing goods and providing services through economic activity. Key Points Gross domestic income (GDI) is […]


Why Buy Gold? Do I Buy Gold Now or Wait?

Why Buy Gold? The main reason why people buy gold is as a safe haven during an economic crisis. Gold is the best hedge against a potential stock market crash.  Why buy gold?  Here are another dozen reasons: Gold Is Money  Why buy gold?  Because gold’s historic role as money […]