Financial Literacy
What is Gross Margin?
August 31, 2021
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.
What is Gross Profit?
August 30, 2021
Gross profit, or sales profit, is the gains attributable to a companies ability to efficiently produce and sell products or services.
What is Goodwill in Accounting?
August 29, 2021
Goodwill in accounting tends to represent the intangible, long-term assets from the acquisition of one company by another.
What is a Mutual Fund?
August 28, 2021
What is a mutual fund? It’s an actively-managed investment vehicle that gives you more diversification for your investment portfolio.
What is a Fixed Asset?
August 27, 2021
A fixed asset is a long-term piece of equipment or property owned and used in business operations to help generate revenue.
What is a Fiscal Year vs. Calendar Year?
August 26, 2021
A fiscal year vs. calendar year are both consecutive 12-month spans. They’re just different metrics for gauging that time.
What is a Fixed Cost?
August 25, 2021
A fixed cost are the known costs a business takes on that will provide a benchmark for future business and financial expectations.
What is Financial Forecasting?
August 24, 2021
Financial forecasting gives a company an overview of the current business and its trajectory going forward into the near future.
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