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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,...
When performing financial calculations, a spreadsheet program like Excel is usually the best tool. A spreadsheet is a powerful tool. But sometimes you do need a calculator instead of a...
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...
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...
In accounting, an asset is a resource owned by a company or entity. Assets provide probable future economic benefits. These benefits include increasing sales or cash flow or reducing expenses....
What is CAGR? CAGR is the measure of an investment's growth over time. CAGR includes compound interest and is thus superior to average annual returns. Compound annual growth rate (CAGR) is the...