Financial Literacy

Variable cost is periodic and varies depending on the level of output or sales of a company. These costs can include labor, raw material and more.

Generally Accepted Accounting Principles (GAAP) represent rules and practices that provide guidelines and procedures for financial data and statements.

A general ledger is the record of accounting information to organize and summarize financial transactions. It provides all data for financial statements.

Growth investing is the practice of focusing on stocks with quickly growing earnings that are anticipated to continue growing in the future.

Gross margin represents the baseline amount the company retains after each sale. It’s a direct insight into that company’s ability to generate income.

Gross profit, or sales profit, is the gains attributable to a companies ability to efficiently produce and sell products or services.

Goodwill in accounting tends to represent the intangible, long-term assets from the acquisition of one company by another.

What is a mutual fund? It’s an actively-managed investment vehicle that gives you more diversification for your investment portfolio.