SHRUNATECH ELEVATOR

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

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

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....

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

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...

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

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

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...