Accounting practices are cumbersome to maintain for even the largest companies with sufficient capital to hire multiple accountants to scrutinize their records. The burden is even more onerous for small businesses and start-ups without enough funding to hire an expert. In situations like these, small business owners frequently undertake accounting efforts themselves. In either case, […]
What Is Par Value vs Market Value? – Finance For Dummies
Par value and market value are distinctly different from one another. In a nutshell, to understand what is par value refers to the stated or face value of an asset such as a house, a car, a stock, a bond, or anything that has a tradable value. While market value is determined by someone’s willingness […]
What Is Net Income – How To Calculate And Find It?
Financial reports, or financial statements, include a balance sheet (statement of financial position), income statement (P&L or statement of comprehensive income), statement of changes in equity (statement of retained earnings) and cash flow statement. The bottom line of the income statement is net income. This is why many people may want to ask: “what is […]
Real Estate Investing for Dummies Book Review
There are many books on real estate investment out there, and it can be difficult to choose the right ones to start your real estate education. This review looks at one of the most recognizable entries in the genre – Real Estate Investing for Dummies. Covering the book’s strengths and weaknesses, it will help you decide […]
Stock Investing for Dummies Book Review
Many people would like to participate in the stock market, but lack the basic knowledge of how to start. That’s where Stock Investing for Dummies comes in. Read below for a concise review of this book, and how it can help you achieve your goal: profits from the stock market. We look at its main […]
Mutual Funds For Dummies Book Review
Mutual funds are one of the most common ways of investing money, whether you are an active trader, just looking to save money for retirement, or anything in between. Mutual Funds for Dummies is one of the best-selling introductory books that approach these investment vehicles. In this article, we review its most recent edition to help you […]
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