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Home/Finance

Question Bump Latest Questions

Tosin Olayinka
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Tosin OlayinkaTeacher
Asked: August 16, 2021In: Finance

Business Financing: How can you finance a business in Nigeria?

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Business Financing: How can you finance a business in Nigeria?

Financing a Business is not a walk in the park, and a business can’t survive without finance. Financing a business means providing funds for starting and maintaining it,  regardless of whether it’s a small or large business. Ways ...

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  • 56 Views
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Tosin Olayinka
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Tosin OlayinkaTeacher
Asked: August 9, 2021In: Finance

Savings Account: How much can a savings account hold in Nigeria?

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Savings Account: How much can a savings account hold in Nigeria?

A savings account is a basic, and the most common account most Nigerians operate. It’s an account meant for deposits, and withdrawals, you can also earn interest which is determined by the amount of funds in the account. ...

savings-account
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  • 21 Views
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Tosin Olayinka
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Tosin OlayinkaTeacher
Asked: August 2, 2021In: Finance

Is Stock taking important? What are the procedure involved

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Is Stock taking important? What are the procedure involved

Stock taking is knowing the amount of goods available in stock and recording them manually. You get to check the condition of the goods as well. It is one of the process required for company audit You can ...

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Tosin Olayinka
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Tosin OlayinkaTeacher
Asked: July 26, 2021In: Finance

Is Financial Freedom attainable in our present society?

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Is Financial Freedom attainable in our present society?

Financial Freedom is one thing anybody can achieve, infact quite a lot of people wants to be financially free. The only problem is not every one is willing to go through the due process or let me say ...

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Tosin Olayinka
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Tosin OlayinkaTeacher
Asked: July 19, 2021In: Finance

Is lending a friend or family member safe? How do one handle it ?

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Is lending a friend or family member safe? How do one handle it ?

Lending allows others to borrow things. In business and finance, loans usually occur in the context of obtaining loans. The lender provides a loan to the entity and then expects that the entity will repay its debt. For ...

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  • 29 Views
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Tosin Olayinka
  • 0
Tosin OlayinkaTeacher
Asked: July 12, 2021In: Finance

What is Financial Analysis? Who is a financial Analyst?

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What is Financial Analysis? Who is a financial Analyst?

Financial analysis is the system of evaluating businesses, projects, budgets, and different finance-related transactions to determine their performance and suitability. It involves using financial data to check a company’s performance and make suggestions about how it can move forward. Financial analysts ...

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  • 13 Views
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Tosin Olayinka
  • 0
Tosin OlayinkaTeacher
Asked: June 28, 2021In: Finance

Do mutual funds have disadvantages, what is a mutual fund?

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Do mutual funds have disadvantages, what is a mutual fund?

A mutual fund is a financial instrument that consists of a pool of funds raised from many investors and is used to invest in securities such as stocks, bonds, money market, and other assets. They are operated by fund managers ...

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  • 32 Views
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Tosin Olayinka
  • 1
Tosin OlayinkaTeacher
Asked: June 22, 2021In: Finance

What are the difference between liquidation & Bankruptcy?

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What are the difference between liquidation & Bankruptcy?

Liquidation (LQ) is the process of ending a business and distributing its assets to the claimant. These types of incidents usually occur when the company is in a situation of insolvency, which means that it cannot pay its ...

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Tosin Olayinka
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Tosin OlayinkaTeacher
Asked: June 17, 2021In: Finance

Why is budget important and what exactly is a budget

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Why is budget important and what exactly is a budget

A budget is a financial document that predict future income and expenses. Simply put, it is an estimate of the amount you earn and spend in a certain period of time (such as a month or a year). Budgeting ...

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  • 22 Views
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Tosin Olayinka
  • 1
Tosin OlayinkaTeacher
Asked: June 14, 2021In: Finance

What is a loan and are there advantages to taking a loan

  • 1
What is a loan and are there advantages to taking a loan

A Loan according to Merriam Webster dictionary is; money lent at interest or omething lent usually for the borrower’s temporary use. A loan is when you get hold of cash from a friend, bank in alternate for future reimbursement of the cash plus interest.  Here’s how the loan process works; When ...

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  • 77 Views
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