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Financial Statements

What Are Intangible Assets? Understanding Their Business Value and Examples

What Are Intangible Assets? Understanding Their Business Value and Examples

June 24, 2024May 29, 2024 by Tom Suozzi

Intangible assets are non-physical resources that provide long-term value to a business. Examples include patents, trademarks, copyrights, and goodwill. What are intangible assets and how to value them?

Gross Receipts vs Revenue: Key Differences Every Business Owner Must Know

Gross Receipts vs Revenue: Key Differences Every Business Owner Must Know

August 21, 2024May 29, 2024 by Tom Suozzi

Gross receipts represent all funds a company receives, while revenue only accounts for the income generated from the primary business activities.

What Is Inventory Valuation? Understanding Its Importance in Business Accounting

What Is Inventory Valuation? Understanding Its Importance in Business Accounting

June 24, 2024May 29, 2024 by Tom Suozzi

Inventory valuation is the process of assigning a cost value to items in a company’s inventory based on specific accounting methods.

How to Calculate Retained Earnings: Steps for Accurate Financial Statements

How to Calculate Retained Earnings: Steps for Accurate Financial Statements

June 17, 2024May 21, 2024 by Tom Suozzi

Unlock the secrets of your business’s financial growth. Learn how to calculate retained earnings with our expert guide to bolster your financial strategy.

How to Calculate Bad Debt Expense: A Guide for Business Owners

How to Calculate Bad Debt Expense: A Guide for Business Owners

June 17, 2024May 21, 2024 by Tom Suozzi

Learn how to calculate bad debt expense accurately to maintain healthy financial statements and enhance your business’s credit management.

Straight Line vs Accelerated Depreciation: Impact on Tax Expense and Cash Flow

Straight Line vs Accelerated Depreciation: Impact on Tax Expense and Cash Flow

June 17, 2024May 21, 2024 by Tom Suozzi

Understand the distinctions between straight-line vs accelerated depreciation methods and their impact on business tax liabilities and asset management.

What Is Comprehensive Income? Equity Changes and Company Performance

What Is Comprehensive Income? Equity Changes and Company Performance

June 16, 2024May 17, 2024 by Tom Suozzi

Explore the concept of comprehensive income, examining its role in revealing a company’s total earnings and financial performance.

What Is Treasury Stock? How It Affects Shareholders and Share Capital

What Is Treasury Stock? How It Affects Shareholders and Share Capital

August 20, 2024May 17, 2024 by Tom Suozzi

Explore the concept of treasury stock, its purpose in finance, and the implications for shareholders and corporate balance sheets.

What Is Capital Stock? Authorized Shares, Common and Preferred Stock

What Is Capital Stock? Authorized Shares, Common and Preferred Stock

June 14, 2024May 16, 2024 by Tom Suozzi

Explore the meaning of capital stock, its role in corporate finance, and real-world examples to understand its impact on investors and businesses.

What is the Effect of Dividends on Retained Earnings? Effects on Financial Performance

What is the Effect of Dividends on Retained Earnings? Effects on Financial Performance

June 15, 2024May 16, 2024 by Tom Suozzi

Explore the impact of dividends on retained earnings and learn how dividend payments can alter a company’s financial health and shareholder equity.

What Are Financing Activities? Understanding Cash Flow and Capital Management

What Are Financing Activities? Understanding Cash Flow and Capital Management

June 14, 2024May 16, 2024 by Tom Suozzi

Explore what financing activities are and their impact on a company’s cash flow, revealing insights into how businesses manage long-term financial health.

Cash Flow from Investing Activities: A Key Indicator of Financial Health

Cash Flow from Investing Activities: A Key Indicator of Financial Health

June 13, 2024May 16, 2024 by Tom Suozzi

Discover the essentials of cash flow from investing activities, including types and real-world examples, to better understand financial health.

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