Category Archives: Bookkeeping

However, including the company’s growth rate to get its PEG ratio might tell a different story. PEG ratios can be termed “trailing” if using historical growth rates or “forward” if using projected growth rates. The P/E ratio also helps investors determine a stock’s market value compared with the company’s earnings. That is, the P/E ratio shows what the market […]

Even if the trade does return to profitability, the waiting extends the trade time (and ultimately reduces ROC). The worst case scenario is that the Credit Received (e.g. $192) is the lowest cost of the trade – e.g. it never get better. You are never in the ‘profit zone’ and instead left in the loss […]

Minutes of all board meetings should be recorded and kept with the corporation’s records. This means your business assets and liabilities are not separate from your personal assets and liabilities. You can be held personally liable for the debts and obligations of the business. Since most corporations sell ownership through publicly traded stock, they can […]

When combined with the global ConocoPhillips portfolio, I’m confident our assets and people will deliver significant shareholder value over the long term,” said Lee Tillman, Marathon Oil chairman, president and chief executive officer. The BSE SENSEX (also known as the S&P Bombay Stock Exchange Sensitive Index or simply SENSEX) is a free-float market-weighted stock market […]

String class has many built-in methods we often use such as upper, lower, startswith, endswith, replace, etc. If you just use hello without parenthesis it just prints the type of the object (i.e. function). So, in order to call the function, you will have to use the ( ) operator. In Python, you can pass […]

Credits increase liability, revenue, and equity accounts and reduce assets and expenses. An accounting ledger refers to a financial record book where accounting transactions are recorded. A general journal records every business transaction in chronological order—it is the first point of entry into the company’s accounts. The general ledger is the second entry point to […]

This reduction is recorded at the time of the dividend declaration, not when the dividend is paid. It is a reflection of the company’s decision to return value to shareholders, which decreases the retained earnings and, consequently, the total shareholders’ equity. This decision is strategic, as it balances the need to reward shareholders with the […]

If your trucking company doesn’t require accounting features and solely focuses on trucking management, then Rigbooks is a cost-effective solution. If you’re ready to take bookkeeping off your plate and delegate this task to someone else, it can be hard to know where to look. Start by reaching out to other business owners for recommendations, […]

Businesses that experience seasonal fluctuations in demand can use factoring finance to access working capital during the off-seasons. This assessment is crucial as it determines the amount of loan that the business can secure. If the receivables are of high quality and the clients are likely to pay, the business can secure a larger loan. […]