The debit is the larger of the two sides ($5,000 on the debit side as opposed to $3,000 on the credit side), so the Cash account has a debit balance of $2,000. Checking to make sure the final balance figure is correct; one can review the figures in the debit and...

Payback Period PBP Formula Example Calculation Method

The discount rate represents the opportunity cost of investing your money. Essentially, you can determine how long you’re going to need until your original investment amount is equal to other cash flows. We will also cover the formula to calculate it and some of the...

Drug Overdoses: Notable Black People Dead From ODing

The longer a person suffers from addiction, the greater the chances are that he or she will suffer harmful consequences from the disease. The worst consequence, the epitome of hitting rock bottom, is an overdose. Ethical approval was not required as all data were...