Find out when to order more inventory without running out by calculating your reorder point (ROP). You’ll also learn expert strategies for setting ROPs.
Build a marketing plan Ecommerce SEO. Improve your search ranking Social media strategy. Turn social into sales Business growth. Scale your business Subscribe Subscribe Unsubscribe anytime. By entering your email, you agree to receive marketing emails from Shopify. By proceeding, you agree to theTe...
The attrition rate measures the number of employees who’ve left an organization within a set period of time. Learn to calculate & decrease this number.
What is churn rate, and how do you calculate it? Learn about customer churn rate and revenue churn rate, and why they are important metrics to measure.
If you have questions about how to calculate overtime and the laws that govern the process, consult a qualified accountant and a lawyer with knowledge of your industry. In regard to point three, the standard overtime rate is 1.5 times the employee’s regular hourly rate (also called “time...
Conversion rate = (Conversions or goals achieved / Total visitors) * 100 So if your landing page had 16,982 visitors and of those, 3,604 took the desired action, then your conversion rate is 21.22%. Once you understandhow to calculate the website conversion rate, you should think about ...
How to calculate simple interest on a loan If a lender uses the simple interest method, it’s easy to calculate loan interest. You will need your principal loan amount, interest rate and loan term to calculate the overall interest costs. ...
How to calculate an exchange rate? Let’s start with a simple example. Maybe you’re a British pensioner who lives in Spain but earns a £400 monthly pension from the UK. Searching online, the exchange rate would look like this:
To calculate how much more a bank might charge you vs. the market exchange rate, take the difference between the two exchange rates, and divide it by the market exchange rate (then multiply by 100 to convert the decimal to a percentage): ((1.37 - 1.33)/1.33) × 100 = 3% markup A m...
To calculate this ratio, find the company’s earnings before interest and taxes (EBIT), then divide by the interest expense of long-term debts. Use pretax earnings because interest is tax-deductible; the full amount of earnings can eventually be used to pay interest. Again, higher numbers ar...