Understanding Retained Earnings in the Balance Sheet: Classification, Recognition, Measurement and More
Mark’s Ping Pong Palace is a table tennis sports retail shop in downtown Santa Barbara that was incorporated this year with Mark’s initial stock purchase of $15,000. During the year, the company made a profit of $20,000 and Mark decided to take $15,000 dividend from the company. Negative retained earnings mean a negative balance of […]
Understanding US30 in Forex: A Comprehensive Guide for Traders
So many traders feel just as comfortable trading the US30 as they would EUR/USD. It is considered a leading indicator of the U.S. economy, as it reflects what economists believe will happen with economic growth over the coming months. When you log in to your broker platform, you may see the US30 in the indices […]
Understanding Stock Splits: How They Work
Personally, I wouldn’t want to own a company where 100% of the ownership was relinquished in an IPO. Whenever a company takes equity funding, rather than a loan, some portion of the control of the company needs to be given up by some portion of the owners in exchange for the money. For the first […]
