Financial Literacy

Straight-line depreciation is calculated by subtracting the salvage value from the asset’s cost and dividing it by the years estimated for its useful life.

A recession is so much more than a simple measure of economic decline. Here’s what investors need to know.

A prospectus is a legal document provided to investors who are interested in a financial security and need to make an informed decision.

A registered investment advisor (RIA) is an individual who has undergone financial investment training and completed certification.

Return on Assets (ROA) is the way to measure how much profit a given company generates with the current assets on its books.

Revenue vs. profit is a commonly asked question for both businesses and potential investors. It’s important to understand a company’s financial health.

The S&P 500 is an index that tracks the performance of the 500 largest publicly traded companies on U.S. stock exchanges.

The payroll is a critical business function that includes the records of wages, deductions and net pay for all workers and employees.