Not all costs can be assigned directly to a product or service, and that makes it harder to compute the total cost for an item that you sell. Say, for example, that you manufacture baseball gloves. You spend money to purchase leather as a raw material, and you incur labor costs to run machinery […]
What’s the rate of return? It’s a common investor question. When you’re investing in stocks, bonds, or mutual funds, it’s helpful to know the investment’s historic rate of return. You compare the investment risks to the rate of return, and use that analysis to make a decision about investing. A business owner […]
I like Airbnb, and I’ve used the service multiple times. The company has huge brand awareness, but was struggling to produce consistent profits in early 2020. What Happened The Wall Street Journal wrote about Airbnb’s 2020 profit struggles, as it considered launching an IPO. Here are some quotes: “The company is […]
Goodwill is one of the most misunderstood accounting concepts, and the stakes for getting goodwill accounting right are very high. Altria, the cigarette manufacturer, took a huge financial hit in early 2020 on its investment in Juul, the firm that produces the smokeless/ vaping product. What Happened This Reuters article explains that: […]
Buying a home is one of the biggest financial milestones in every Filipino’s life. A house is a costly yet worthwhile investment, but it doesn’t need to be so expensive. There are tons of options that will save you money, while still allowing you to get the house of your dreams. One option is a […]
A career as an accountant can certainly be a lucrative one. If you’re able to work with numbers and help businesses keep their finances in order, being an accountant can be rewarding. It is also a competitive career, with plenty of other accountants vying for work. If you want to be sure that you […]