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 […]
Is that luxury item you purchased the genuine article? If not, you’ve overpaid by a wide margin. That’s was the scandal at The Real Real, world’s largest online consumer marketplace for luxury items. The company website states that the firm “is the leader in authenticated luxury consignment. Every items we sell is 100% […]
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 plane 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? My goal here […]
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. […]
The first 5 minutes of a yoga class are in silence. The goal is to focus on your breath, clear the mind, and prepare for a focused effort. So, I was surprised when a student came in late. Their phone was loudly repeating “you have reach your destination”. The new student asked the instructor if […]