It’s the summer of 2021, and prices on many goods and services are increasing. Businesses are paying more for raw materials, and qualified workers hard to find. It’s getting more expensive to produce products and services, and firms are under pressure to increase prices. Two questions may keep business owners up at night: […]
How expensive is it to carry inventory? It may be your firm’s biggest use of cash- money that you can’t use for some other purpose. One of the biggest inventory issues is the Boeing 737 Max planes, which are currently grounded. What Happened The Wall Street Journal explains that the FAA […]
Author’s Note: Explaining accounting and finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a 2015 plane trip from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story. […]