Financial Terms Dictionary – X Y Z – XLOOKUP XLOOKUP is an Excel function that searches a range or an array for a match and returns the corresponding item from a second range or array. It is more versatile than VLOOKUP because…
These top 10 investment rules are the path to build wealth. They are a simple but powerful way to save and invest. Here’s what really works in investing. Investing seems so hard and complicated. The media tell us constantly that it…
What is Revenue? Revenue is income from selling a product or service. A company earns revenue when it receives an asset for selling to a customer. The asset could be cash, accounts receivable, or other assets. Revenues are also called…
When performing financial calculations, an Excel spreadsheet is usually the best tool. A spreadsheet is a powerful tool. But sometimes you do need a calculator. There are many models that you could use. So, how do you choose?
Equity is owners’ investment in a company. Stockholders’ equity equals assets minus liabilities and it appears on the balance sheet. What is Equity? Equity appears on a company’s balance sheet. As equity increases, the value of the owners’ investment increases.…
What is a Liability? In accounting, a liability is debt owed to company or individual. Liabilities are a claim on a company’s assets by the creditors. Liabilities require a payment of assets, such as cash, or a performance of a…
