Finance | Senioritis

Adam Park
June 21, 2023
Finance

Why Physical Inventory Counts are Still Vital in a Perpetual Inventory System

If using a perpetual system, companies take a physical inventory for the following reasons: 1. To check the accuracy of their perpetual inventory records.2. To determine the...

Adam Park
June 21, 2023
Finance

Maximizing Portfolio Diversification with Positive Correlation between Stocks

If you invest in two stocks, and their values both rise on one day and then fall on the next day, they have __________. a large covariance...

Adam Park
June 21, 2023
Finance

Understanding Impairment and Disability: Importance of Accommodations and Inclusive Practices

Impairment The condition that exists when the carrying amount of a long-lived asset exceeds the amount of the future cash flows from the asset Impairment refers to...

Adam Park
June 21, 2023
Finance

Understanding Income Statements: A Comprehensive Guide for Evaluating a Company’s Financial Performance

Income Statement expenses and revenues (for the month ended by) An income statement, also known as a profit and loss statement, is a financial statement that summarizes...

Adam Park
June 21, 2023
Finance

Understanding the Income Statement: A Comprehensive Guide for Business Owners and Investors.

Income statement order Revenue-COGS= Gross ProfitGross Profit- Operating expense= Income from operationsIncome from operations+ Any other Income- Any losses= Earnings before interest and taxes-Interest expense-Taxes=Net income/Profit The...

Adam Park
June 21, 2023
Finance

Understanding Interest Rates: The Basics of Borrowing and Investing

interest the charge for the privilege of borrowing money, usually expressed as annual percentage rate (APR) Interest is the fee that borrowers pay to lenders for using...

Adam Park
June 21, 2023
Finance

Understanding Interest Charges: Simple vs Compound Interest and the Impact on the Cost of Borrowing

interest charged the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets Interest charged refers to the...

Adam Park
June 21, 2023
Finance

How Interest Earned Works: Understanding the Basics of Earning Returns on Investments

interest earned amount earned on interest bearing accounts or other investments Interest earned refers to the amount of money earned on an investment over a certain period...