Finance | Senioritis

Adam Park
June 21, 2023
Finance

Understanding Liabilities in Accounting: Types and Importance for Financial Stability

What are liabilities? Claims of creditors on a company’s assets:- accounts payable – notes payable- mortgages payable In accounting, liabilities refer to the obligations or debts owed...

Adam Park
June 21, 2023
Finance

Understanding Paid-In Capital: A Guide for Investors and Business Owners

What are portions of owner’s net equity contributed by investors in exchange for shares of stock? Contributed Cpaital These portions of owner’s net equity contributed by investors...

Adam Park
June 21, 2023
Finance

Understanding Retained Earnings: The Importance of Accumulating Profits for Business Growth and Stability

What are retained earnings? Portion of a company’s owners’ equity thathas been earned from profitable operations but has not been distributed to shareholders as dividends. Retained earnings...

Adam Park
June 21, 2023
Finance

Advantages of Sole Proprietorship for Small Business: Easy Setup, Full Control, Profit Retention, Tax Benefits, Privacy, and Simple Dissolution

What are the advantages of a sole proprietorship? Simplest type of business to startLeast regulated form of organizationOwner keeps all the profits A sole proprietorship is a...

Adam Park
June 21, 2023
Finance

Understanding the Disadvantages of Sole Proprietorship for Social Science Entrepreneurs

What are the disadvantages of a sole proprietorship? Owner has unlimited liability for business debtsAll business income is taxed as personal incomeLife of sole proprietorship is limited...

Adam Park
June 21, 2023
Finance

The Importance of Acknowledging and Rewarding Employee Contributions in the Workplace

What do you hope your boss asks of you after you volunteer to assist on special projects and complete it successfully?Financial StatementsLeadFollowVolunteer againPayment Lead As a professional,...

Adam Park
June 21, 2023
Finance

Mastering Payback Period in Financial Analysis: A Simple Yet Vital Assessment Tool for Investment Decisions

What is a payback? A capital investment analysis method that measures the length of time it takes to recover, in net cash inflows, the cost of the...

Adam Park
June 21, 2023
Finance

Mastering Net Present Value (NPV) for Profitable Investments – A Comprehensive Guide

What is net present value? A capital investment analysis method. It incorporates the time value of money & measures the net difference b/t the present value of...