What is a Yield?
Yield is used to describe a certain amount earned on a security, over a particular period of time. It refers to the interest or dividend… Read More »What is a Yield?
Business Accounts
What is Gross Earnings?
Gross earnings is the total amount of income earned over a period of time by an individual/household or a company. For individuals and households, These… Read More »What is Gross Earnings?
What is Accounts Receivable?
Accounts Receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by… Read More »What is Accounts Receivable?
What is Book Value?
Book value is a company’s equity as reported in its financial statements. It is typically viewed concerning the company’s market capitalization and is determined by taking… Read More »What is Book Value?
What is Equity?
Equity is ownership of assets that may have debts or other liabilities attached to them. It is measured for accounting purposes by subtracting liabilities from… Read More »What is Equity?
What is Gross vs Net?
Gross means the total or whole amount of before deductions. Net means what remains from the whole after certain deductions are made. For example, a… Read More »What is Gross vs Net?
What is Amortization?
Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time. Concerning… Read More »What is Amortization?
What is Fiscal Year?
A fiscal year is a 12-month period that an organization uses to report its finances. It could be a 12-month period of time or a… Read More »What is Fiscal Year?
What are Accounting Statements?
We have three accounting statements. A complete set of accounting statements are used to give readers an overview of the financial results and condition of… Read More »What are Accounting Statements?
What is Non-Profit Organization?
A non-profit organization also known as a nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast… Read More »What is Non-Profit Organization?