Financial Literacy

The inventory turnover ratio benchmarks the value of sold inventory vs. the remaining inventory with figures from the income statement and the balance sheet

A business expense is an incurred cost or money spent in an organization’s efforts to generate income or maintain its business.

When you exercise an option, you are using or activating the contract. Options trading has become a popular investment choice amongst investors.

An exchange is a marketplace that brings together those seeking capital and those willing to give it. They also serve a broader variety of roles.

Investment capital is what allows a business to start up. And while it becomes less critical over time, it’s still important in helping the company grow. 

Double-declining balance allows companies to write off the largest depreciation expense for an asset in its earliest years.

A depreciation schedule is a breakdown of the depreciation expense calculated and allocated over the span of an asset’s useful life.

Debit in accounting marks one half of every financial transaction, offset by a credit to a different account on the opposite side.