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What are Net Sales?
Net sales are the amount of sales that will actually be counted towards a company’s bottom line, meaning they account for goods returned or damaged goods.
If a good is fully delivered to a customer and any return policy is expired, the good can be booked as a net sale for the company. Therefore, net sales gives a more accurate picture of the actual sales generated by the company, or the money that it expects to receive.
What Is Market Capitalization?
Market capitalization is a measure of a company’s size, in terms of the value of its total outstanding shares
What are the Withdrawal Rules for My SIMPLE IRA?
SIMPLE IRA contributions and earnings may be withdrawn at any time, but there are certain penalties that apply
What Role Does Inflation Play in my Retirement Planning?
Inflation plays a crucial role in your retirement planning. Investors should anticipate 2% - 3% inflation each year
How Do You Mine Ethereum?
When mining on the Ethereum blockchain, you are rewarded in Ether, but you may need to do some calculations to find out it if will be profitable for you
What is Profit and Loss (P&L) Statement?
A Profit and Loss Statement, also referred to as an “income statement,” is a corporate statement for an exact time period
What is an Accounting Standard?
Accounting standards are the practices which make financial information uniform and normalized between various businesses
What is an Accounts Payable Subsidiary Ledger?
The Accounts Payable Subsidiary Ledger will contain all of the transaction details for each credit and debit in a period
What is Bad Credit?
Bad credit implies that an individual or business has a low credit score or rating. Credit histories are reported and...
What does PIP mean?
A PIP is the standard smallest increment of change or precision at which a currency is quoted and tracked in Forex markets
What should I compare the performance of my portfolio with?
Benchmark indices are used to gauge the performance of an investment portfolio