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Category: Finance

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Finance

What is the relationship between inventory and cost of goods sold?

June 16, 2022 121bestadvisor

Man checking inventory with a handheld device. The cost of goods sold (COGS) is a component of the value of a company’s inventory. Inventory and

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Finance

What is cash flow? (with photo)

June 16, 2022 121bestadvisor

Cash flow refers to the amount of cash generated and received by an individual or business. Cash flow is generally understood as the total amount

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Finance

What is an inside sale? (with photo)

June 16, 2022 121bestadvisor

Brokerage and financing are some of the business divisions or activities that a company maintains internally with its own employees. The term in-house means running

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Finance

Are multiple accounts at a bank insured up to FDIC limits?

June 16, 2022 121bestadvisor

With respect to FDIC limits, a savings account is the same as a checking account. The Federal Deposit Insurance Corporation (FDIC) is an organization that

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Finance

What are the pros and cons of put options?

June 16, 2022 121bestadvisor

Businesswoman talking on a cell phone Put options are financial instruments that allow investors to trade options to sell 100 shares of a particular stock

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Finance

What is a bank confirmation letter? (with photo)

June 16, 2022 121bestadvisor

A bank confirmation letter is a document that confirms that a loan or line of credit has been established with a specific financial institution. Also

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Finance

What is simple interest? (with photo)

June 15, 2022 121bestadvisor

Simple interest is the value of money over a specific period of time. Interest is a mathematical calculation of the cost of borrowing money or

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Finance

What is inheritance income? (with photo)

June 15, 2022 121bestadvisor

Money. Inheritance income is the taxable income received from an inheritance. Inheritances are treated in a special way by tax legislation and not all aspects

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Finance

What is a stock ledger? (with photo)

June 15, 2022 121bestadvisor

In an inventory sense, the ledger records products accepted and sold. An inventory ledger is a detailed record kept by a business to keep track

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Finance

What is Base Capital? (with photo)

June 15, 2022 121bestadvisor

The funds generated in a company’s initial public offering are called the capital base. Equity base is a term used to describe the funds a

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