Financial planning refers to the process of systematizing finances and putting them in order. It is an important tool that can be put to use by anybody, from the largest…
Investing may seem intended mainly for wealthier, older people or those further in their careers than you. But that is not the case. Investing can be the best way to…
A corporation is a legal business form that is separate from its owners (a separate legal entity from shareholders). The shareholders, board of directors, and officers are the basic corporate…
Revenue is the money derived from business operations calculated as the average sales price times the number of units sold. You can view it as the top line (or gross…
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Accounts receivable is the money owed to a business for the sale of goods or services already delivered. It is a type of short-term credit that a company extends to…
Fundamental analysis is an approach to judging the value of investment securities. This approach takes into account the broader economic context in which the given security is situated and the…
A business must have a way to measure its profitability. Profitability is a business’s profit relative to its expenses. A more efficient business will make more profit as a percentage…
Financial statement analysis is the process of understanding an organization’s financial state by examining its financial records. The data can be used to make critical investment and lending decisions. Financial…
A corporation is an organization upon which a government has conferred the legal status of personhood. Any kind of organization can be recognized as a legal person by the government,…