Assets are resources which have monetary value and are owned by a company or a business to generate revenue in the future. Assets are classified as fixed, current, tangible, or intangible. Fixed Assets Current Assets Intangible Assets Tangible Assets Assets are recorded as items of ownership in the balance sheet which can be found in …
For companies in many industries, expanding your footprint is the name of the game. Companies must design business strategies to penetrate new markets and reach relevant customers. Well planned acquisition strategies can offer a promising roadmap to success. They can diversify revenue streams, broaden the capabilities and increase the dominance of business in critical sectors. …
Amortization is the process of paying off a loan or mortgage in a series of fixed payments. The monthly installment remains constant but principal and interest are paid off in different amounts each month. At the beginning, interest amount is higher. Gradually, as the outstanding loan balance reduces, interest amount also decreases and the loan …
Financial accounting is one of the many branches of accounting which refers to the process of collecting, summarizing and presenting all the business transactions which are recorded over a period of time. These transactions are summarized in a set of financial statements that represent the company’s performance over a period of time. These statements include …
Not everyone has a financial background and not everyone can afford to hire a financial advisor to get an investment advice. The easiest option for them to learn about finance is to regularly visit financial websites or subscribe to personal finance magazines. Not only beginners but many successful investors start their day by reading popular …