by it | May 16, 2021 | Uncategorised
You’re sitting down for a second round interview for a new job. The hiring manager has your resume in hand. They look it up and down, place it on the desk, and ask you a series of interview questions that seemingly have nothing to do with the carefully constructed...
by it | May 3, 2021 | Uncategorised
Whether you’re a new business owner, looking to invest in securities, or just trying to hone your skills, financial statements are a solid starting point. Understanding financial statements is also important if you’d like to keep your finger on the pulse of companies’...
by it | May 3, 2021 | Uncategorised
A balance sheet is a financial snapshot of a company’s total assets, liabilities, and shareholders’ equity, as reported on a single day. It offers the ease of seeing a business’s value (and is also referred to as a statement of net worth or a statement of financial...
by it | May 3, 2021 | Uncategorised
Net income and gross profit are both components of an income statement that demonstrate the profitability of a company—but they do so through different lenses. The Basics Net income is a company’s total profits after subtracting the cost of all of its expenses from...
by it | May 3, 2021 | Uncategorised
Understanding capital is essential to starting, growing, or evaluating a business of any size. What is capital? Nic Barnhart of Pareto Labs defines capital as simply, “Money that is used to make more money.” This definition can apply to individuals in the greater...
by it | May 3, 2021 | Uncategorised
The Basics Deferred revenue refers to payment received in advance of a business delivering a product or service. A company will record deferred revenue first as a liability on the balance sheet, then—after goods or services have been delivered—as earned revenue on the...
