Finance

Nov 20, 20233 min read

Questions to Master Business Finance

Below you'll find Questions to help you assess your knowledge of finance and budgeting essentials. 1. If you want to recognize the costs...

1 view0 comments

Nov 20, 20238 min read

Basic Financial Terms: Definitions & Statements

Accounts payable (A/P): Money owed by a company to suppliers. Accounts receivable (A/R): Money owed to a company for goods or services...

2 views0 comments

Nov 19, 20233 min read

The Impact of Tracking Company Performance

When you prepare a budget or decide on an investment, you can be certain of one thing: The numbers will not be exactly as you predicted....

1 view0 comments

Nov 19, 20238 min read

How to Calculate Your Return on Investment?

Imagine that a company Amalgamated Hat Rack is considering two investment options: buying a new piece of machinery and creating a new...

1 view0 comments

Nov 18, 20236 min read

Preparing a Budget: A Comprehensive Guide to Financial Planning For Achieving Business Goals

A budget is a financial blueprint for achieving business goals. Your unit's budget is part of the company's overall strategy, so you need...

1 view0 comments

Nov 18, 20236 min read

What Are the Benefits of Using Financial Statements to Measure Financial Health?

The financial statements tell different but related stories about how well your company is doing financially: The income statement shows...

1 view0 comments

Nov 17, 20238 min read

NAVIGATING THE THREE MAJOR FINANCIAL STATMENTS

NAVIGATING THE THREE MAJOR FINANCIAL STATMENTS The underlying purpose of every company is to make money. So if you're a manager, part of...

1 view0 comments

Nov 17, 20232 min read

Basics of Finance

No matter where you work in your organization, you'll do your job better if you understand basic financial concepts. You'll be a more...

2 views0 comments