Financial Literacy

What is Gross Margin?

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?

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?

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

What is a Mutual Fund?

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?

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?

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?

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?

Financial forecasting gives a company an overview of the current business and its trajectory going forward into the near future.