Resources on basic accounting and payment terms business owners must know.
Discover what a periodic expense is with clear definitions, examples, benefits, and tips for budgeting infrequent business costs like taxes and...
Learn the differences between accrued expenses vs accounts payable, including definitions, examples, and how their impact to financial statemen...
Learn what cost-to-cost method is. Discover how it helps businesses like construction firms recognize revenue, improve forecasting, and reduce ...
Learn what return on equity (ROE) is, how to calculate it, and understand the return on equity ratio. Discover the return on equit...
Learn what the interest coverage ratio is, how to calculate it, and understand the interest coverage ratio formula for better fina...
Learn what budget variance is, its definition, and how to calculate budget variance. Explore budget variance analysis techniques t...
Learn the run rate definition, how to calculate run rate using the run rate formula, and the benefits and limitations of this fina...
Discover what asset allocation is, its definition, the role in improving investment accounts, and asset allocation strategies with...
Learn what profit margin is, its definition, the different types, and how to determine profit margin with actionable ways to impro...
Learn what investment management is, how it helps grow wealth by handling assets, and its key concepts, types, and benefits of inv...
Learn how to use the inventory turnover ratio formula as well as to what inventory turnover ratio is and what it tells about a bus...
Learn what is cash ratio and calculate it using the cash ratio formula to assess company’s ability to pay short-term debts with ca...
Discover what is Regulation T (Reg T) and its margin requirement. Learn how it governs the purchase of securities on margin and di...
What is the current ratio? Learn more about current ratio, how to calculate the current ratio using its formula, and see examples ...
What is Gross Profit? Gross profit is what a company earns after subtracting the costs of making and selling its products/services...