Finance | Senioritis

Adam Park
June 21, 2023
Finance

Maximizing Financial Reporting: The Interconnectedness of the Income Statement, Balance Sheet and Cash Flow Statement in Measuring Financial Performance and Position.

How are the three financial statements connected? The net income from the income statement is the starting line on the cash flow statement, and flows into the...

Adam Park
June 21, 2023
Finance

How Banks Make Money: Exploring the Different Revenue Streams

how banks make money charge higher interest on loans than they pay for savings Banks make money in several ways, including: 1. Interest income: Banks earn money...

Adam Park
June 21, 2023
Finance

5 Strategies for Hedging Against a Stock Market Decline: From Put Options to Alternative Investments

how can an investor hedge against a stock market decline buy puts on s&p 500 An investor can hedge against a stock market decline in several ways,...

Adam Park
June 21, 2023
Finance

How to Determine Which Expenses Belong on Your Income Statement: A Comprehensive Guide for Business Owners and Managers

How can you tell whether or not an expense should appear on the Income Statement? 1. They have to be recorded during the current period2. They need...

Adam Park
June 21, 2023
Finance

Capitalization vs Expense: Guidelines for Optimizing Your Company’s Purchases

How do you decide when to capitalize rather than expense a purchase? You capitalize a purchase when you are purchasing something with a useful life over 1...

Adam Park
June 21, 2023
Finance

Maximizing Profitability: How to Calculate Contribution Margin for Your Social Science Business

How to calculate contribution margin Revenues Variable costs:Beg. inventory Variable manufacturing costsCost of goods available for saleLess: Ending inventory Variable costs of good sold Variable operating costsTotal...

Adam Park
June 21, 2023
Finance

How to Calculate Gross Margin: The Ultimate Guide for Improving Profitability in Your Business

how to calculate gross margin RevenuesCost of goods sold:Beg. inventory Var. Manuf. costsAllocated fixed manuf. costsCost of goods available for saleLess: Ending inventoryAdjustment for production-volume varianceCost of...

Adam Park
June 21, 2023
Finance

Maximizing Profitability: How to Calculate Operating Income Using Contribution Margin

How to get operating income after calculating contribution margin Contribution marginFixed costs:Fixed manufacturing costsFixed operating costsTotal fixed costsOperating income To get the operating income after calculating the...