Online Economics Tutor | jaisal t.

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jaisal tak

Jaisal t.

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Master in Business Administration @ MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY, JAIPUR Bachelor of Commerce @ S. D. GOVERNMENT COLLEGE

About me

Hi, I am Jaisal and I am an accounting expert. I characterize myself as someone who pushes hard for growth. That is what helped me match tough balance sheets and become an accounting teacher. Along with teaching students, I also worked in the industry and have the working knowledge of how accounting helps run big corporations. My approach to teaching students is similar. I encourage them to work on their tough problems and think analytically. A little guidance often helps them get what they were unable to solve earlier.


I can Teach:

Income Elasticity, Total Quality Management, ABC Costing, Absorption Costing, Accounting Cycle, Accounting Equation, Accounting for Government, Accounting for Pensions, Accounting Information System, Accounting Standard Codifications

Teaching Experience

Accounting is a subject where students can score well if there is a strong foundation of the concepts. I help my students work on building a strong foundation through clear explanations and make them work on practice problems and quizzes to check the retention of concepts. Bring your problems about debt-equity ratios, cash flow statements, accounting for companies, etc, and let me show you how to solve them easily.

My Expertise

  • Income Elasticity
  • Total Quality Management
  • ABC Costing

Top subjects

Fractions

Fractions represent equal parts of a whole or a collection. For example –1/4, 5/10 , 5:9

Decimals

In Algebra, decimals are one of the types of numbers, which has a whole number and the fractional part separated by a decimal point. The dot present between the whole number and fractions part is called the decimal point. For example, 48.9 is a decimal number.

Factors & Multiples

A multiple is a number that can be divided by another number a certain number of times without a reminder. A factor is one of two or more numbers that divides a given number without a remainder. For example – 5*4 =20; 20 is the multiple of 4 and 5.

Variance

The variance is a measure of variability. It is calculated by taking the average of squared deviations from the mean. Variance tells you the degree of spread in your data set.

Standard Deviation

The standard deviation is a statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance. ... If the data points are further from the mean, there is a higher deviation within the data set; thus, the more spread out the data, the higher the standard deviation.

Mean

The mean is the average of a data set.

Median

The median is the middle of the set of numbers.

Mode

The mode is the most common number in a data set.

Demand and Supply

Supply and demand, in economics, is a relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory. The price of a commodity is determined by the interaction of supply and demand in a market

Equilibrium of Demand and Supply

Relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory. The price of a commodity is determined by the interaction of supply and demand in a market. The resulting price is referred to as the equilibrium price and represents an agreement between producers and consumers of the good. In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

National Income

The basic accounting identity for GDP, sometimes known as the national income identity, is computed using the following formula: GDP = consumption + investment + government spending + (exports − imports)

Gross Domestic Product

Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. • GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate.

Strategic Human Resource Management

Strategic human resource management involves a future-oriented process of developing and implementing HR programs that address and solve business problems and directly contribute to major long-term business objectives. HR management has changed dramatically in recent decades.

Brand Management

Brand management is a function of marketing that uses techniques to increase the perceived value of a product line or brand over time. • Effective brand management helps a company build a loyal customer base and helps fuel a company's profits.

Marketing Mix

marketing mix often refers to E. Jerome McCarthy's four Ps: product, price, placement, and promotion. The different elements of a marketing mix work in conjunction with one another. Consumer-centric marketing mixes incorporate a focus on customers into their approaches.

Accounting Equation

The accounting equation shows on a company's balance that a company's total assets are equal to the sum of the company's liabilities and shareholders' equity

Journalize

A journal entry records a business transaction in the accounting system for an organization. Journal entries form the building blocks of the double-entry accounting method that has been used for centuries to keep financial records. They make it possible to to track what a business has used its resources for, and where those resources came from.

Trial Balance

Assets are the items your company owns that can provide future economic benefit. Liabilities are what you owe other parties.

Income Statement

An income statement is a financial statement that shows you the company's income and expenditures. It also shows whether a company is making profit or loss for a given period.

Balance Sheet

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.

Inventory Valuation: LIFO, FIFO, Lower of cost or market, LIFO dollar, others

Inventory valuation is the monetary amount associated with the goods in the inventory at the end of an accounting period. The valuation is based on the costs incurred to acquire the inventory and get it ready for sale. Inventories are the largest current business assets.

Financial Analysis

financial analysis is the process of evaluating businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability. Typically, financial analysis is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to warrant a monetary investment.

Dividends

A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a proportion of the profit as a dividend to shareholders. The formula for computing the dividend yield is Dividend Yield = Cash Dividend per share / Market Price per share * 100.

Cost Volume Profit Analysis

- cost-volume-profit (CVP) analysis is a method of cost accounting that looks at the impact that varying levels of costs and volume have on operating profit. The cost-volume-profit analysis, also commonly known as break-even analysis, looks to determine the break-even point for different sales volumes and cost structures, which can be useful for managers making short-term economic decisions.

Break Even Analysis

Break-even analysis tells you how many units of a product must be sold to cover the fixed and variable costs of production. Break even quantity = Fixed costs / (Sales price per unit – Variable cost per unit)

Partnership

A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities. In a general partnership company, all members share both profits and liabilities. Professionals like doctors and lawyers often form a limited liability partnership.

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26 Feb, 2021

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