What is a Free Enterprise Economy? Definition and Examples In this article, we see the definition of a free enterprise economy, a comprehensive explanation of what it implies, examples
What is an Unregulated Market? Definition and Examples In this article, we see the definition of an unregulated market and a detailed explanation of the subject matter. We
Disadvantages of Free Enterprise Economy Just like any other kind of system used in regulating the economy, the free enterprise economy has its own share
Business Corporation Examples and Types In this article, we see some business corporation examples and the different types as they have become prominent in our
What Caused the Second Industrial Revolution? There have been questions about what caused the second industrial revolution. After the Civil War ended, Americans began to look
The Industrial Revolution and its Consequences The industrial revolution and its consequences have been a disaster on the other hand despite its benefits and positive changes
How did the Industrial Revolution Change Society? How did the Industrial Revolution Change Society? The industrial revolution brought about an increase in the material wealth of the
Net Income vs Net Earnings Differences and Similarities The net income vs net earnings subject matter has been quite confusing to many as they want to know the
Profit Margin Ratios: Formulas and Calculations The profit margin ratio formula at different levels guides the calculation which in turn helps in assessing a firm’s profitability.
Net Income vs EBIT Differences and Similarities Understanding the differences between EBIT vs net income is important for making informed and sound financial decisions regarding whether to
Types of General Ledger Accounts The different types of general ledger accounts are contained in the general ledger which summarizes all the financial transactions within
Indirect Cash Flow Statement The term “indirect cash flow statement” is used to describe an indirect method of preparing a statement of cash flow
What is a Fortress Balance Sheet? The term “fortress balance sheet” was propounded by Jamie Dimon, the CEO of JPMorgan & Co to mean having a
Is Net Profit the Same as Net Income? Is net profit the same as net income? Net profit and net profit are terms that are commonly used while
Net Income vs Net Revenue Differences and Similarities Investors and analysts compare net income vs net revenue to assess a company’s financial stability and profitability. It is important
Is Net Income on Balance Sheet or Income Statement? Is net income on balance sheet or income statement? Net income is an important factor as it represents the amount
Types of Profitability Ratios and Formulas The different types of profitability ratios are helpful as they help a business or a company assess its financial performance
Is Investment Debit or Credit? Is investment debit or credit? Individuals and businesses make investments with the hope of earning income in the future. These
Is Accumulated Depreciation an Expense? Is accumulated depreciation an expense? Every company or business make use of fixed assets such as plants, machinery, motor vehicle,
Bad Debt Expense on Income Statement Reporting bad debt expense on income statement allows companies to accurately and completely report their financial position. Every company, at