When pursuing your career passion in life or just simply working for a living, always give it your best shot. Your employers/clients deserve no less.
Tuesday, June 30, 2015
Monday, June 29, 2015
Stockholder’s Equity is defined by the following formula: Assets – Liabilities = Stockholder’s Equity.
Wednesday, June 17, 2015
Long-term debt represents a liability that exceeds one year in duration.
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Tuesday, June 16, 2015
Short term obligations, meaning a year or less, owed to suppliers and other creditors.
Monday, June 15, 2015
It’s nice to have an emergency fund so that you can purchase the parts and pay the mechanic when your primary transportation to work, your car, breaks down.
Friday, June 12, 2015
Investments, such as stocks and bonds, held by company that it wants to hold for longer than a year.
Thursday, June 11, 2015
Accounts Receivable is the amount of money owed to a business by customer who bought on credit.
Wednesday, June 10, 2015
Tuesday, June 9, 2015
These are short term security instruments that can liquidate to cash quickly.
Monday, June 8, 2015
Cash and equivalents comprised of cash or any security easily convertible into cash such as treasuries, savings and checking accounts etc.
Friday, June 5, 2015
Net income is defined by the following formula: Revenue – total expenses.
Thursday, June 4, 2015
Operating income is the amount of income a company earns through the normal course of operations.
Wednesday, June 3, 2015
An operating expense is an expenditure that a business incurs during the normal course of its operations.
Tuesday, June 2, 2015
Monday, June 1, 2015
Revenue is the amount of money a company receives in the exchange for the good or service it provides during a certain period before the deduction of expenses.