As a startup, there have been a lot of things to learn. For many businesses, the accounting and bookkeeping part of the business is the hardest to grasp. Between debits, credit, balance sheets, ...
There are several ways to examine how profitable a company is by using its income statement and accounting balance sheet. Most of the time, the number itself may not mean a lot unless it is compared ...
Retained earnings are the cumulative profits that a company has kept to reinvest in its business. Some earnings are distributed to shareholders as dividends. The remainder is considered retained ...