It helps companies and investors measure the expected return for each dollar invested into a project or venture. Other names used for profitability index are the value investment ratio and the profit investment ratio . The profitability index is an appraisal technique applied to potential capital outlays. The method divides the projected capital inflow by […]
Worlds 10 Least Valuable Currencies in 2022
2016 saw many bad performing currencies and some of the worst-performing currencies include the Nigerian Naira, the Mexican Peso, and the Turkish Lira. Following the military coup in mid-2016, the Lira slid almost 18% and the country’s external debt problems came into light. The Indonesian Rupiah is another currency that is among the weakest currencies […]