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How to Find Retained Earnings
Retained earnings refers to business earnings that are kept, not disbursed. More specifically, retained earnings…
How to Calculate Costs of Goods Sold
Every business owner wants to calculate how much profit their business has made, but before…
How to Calculate Operating Income
When tracking your business’s financial health, there are many financial reports that your business should…
How to Calculate Total Revenue
Within accounting, there are countless ways to slice and dice revenue and profit numbers. Each…
What is Unearned Revenue, and Is It a Liability?
Unearned revenue is the revenue a business has received for a product or service that…
How to Calculate Return on Equity
Return on Equity (ROE) is a ratio that helps investors understand the profitability of a…
What is Total Annual Income for Businesses?
On the surface, total annual income is not a complex topic. If you have one…
Is Depreciation an Operating Expense?
The short answer? Yes, depreciation is an operating expense. Companies often buy fixed assets for…
How to Calculate Profit Margin
Business owners can calculate profit margin by comparing their company’s profits to its total revenue for a…
