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Dagen McDowell

    Dagen McDowell

    Degen McDowell

    Dagen McDowell joined the FOX Business Network as an anchor in September, 2007. Since 2003, McDowell served as a business correspondent for the FOX News Channel (FNC) where she was a regular guest on Your World with Neil Cavuto. She has also been a recurring guest on Cashin' In, appearing on the program initially as a contributor when it debuted in May 2001.

    Before entering broadcast news, McDowell wrote a personal finance column for TheStreet.com called "Dear Dagen." In addition, she has also worked for SmartMoney magazine and SmartMoney.com.

    McDowell began her career as a financial journalist at the Institutional Investor's newsletter division. A native of Virginia, she is a graduate of Wake Forest University.

    What was your first job?
    Before becoming a financial journalist over a decade ago, I lived in Colorado after college. Two of my many jobs: pulling weeds for a landscaper and selling beverages on a golf course.

    Are you a spender or a saver?
    Recovering spender. Emerging saver.

    What was the one thing you regret buying?
    I have a few items of clothing in my closet with the tags still on them.

    What was your biggest money indulgence?
    Luxurious hotel rooms when on vacation.

    What was the best money advice you received?
    How much you pay in fees is the one constant you can count on when investing. Low-cost investments win out in the long run.

     
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    Book to Bill

    The book-to-bill (B-to-B) ratio is the demand-to-supply ratio for orders on a firm's "book" to number of orders processed and billed. A simpler explanation is orders/orders filled (or billed).

    If you just ordered a sweater from your favorite online store, your purchase gets tacked onto the "book" side of the book-to-bill ratio. If you have the bill in your hands, then your transaction is now added the second "b" of the ratio.

    If the company has more orders than it can deliver, the B-to-B ratio is greater than one. The higher this number is, the higher the backlog of orders that need to be filled/delivered.

    If everything is just right and supply is keeping pace equal to demand, the ratio is equal to one. And if it¿s less than one, then the company is hoping orders get a kickstart in order to get some of the dusty inventory off the shelves.