In an exclusive interview with News24, former Finance Secretary Subhash Chandra Garg explains the method by which the fitment factor is calculated. Garg said, “Currently, the DA is 53% (as of July 1, ...

Amortization of intangible assets refers to the systematic allocation of the cost of intangible assets – non-physical assets such as patents, trademarks, copyrights, or licenses – over their ...

and non-cash items like depreciation and amortization, EBITDA provides a clearer picture of a company’s core profitability. This formula focuses exclusively on income generated from a company ...

Now that Extreme E is on a hiatus while it turns into Extreme H, and World Rallycross has switched to a competition between EVs and combustion, Formula E is back to being the primary fully ...

Sergio Conceicao has brought back the feelgood factor to AC Milan as the seven-time European champions host Cagliari on Saturday still on a high from a dramatic Italian Super Cup triumph over ...

US car company General Motors has set up a new engine company as it gears up for its prospective entry into Formula 1. GM has an agreement in principle to start in F1 in 2026 with a new team named ...

They're usually calculated on taxable profits instead. This makes it difficult to factor in taxes using our simple formula. A solution to this would be to use net operating profit after tax or NOPAT.

The discount factor is used by Excel to shed added light on the NPV formula and the impact that discounting can have. Here’s a comparison of the discount rate and the discount factor.