How Raw Material Procurement and Manufacturing Affect Balance Sheet
If you have read my last post, you know that our fictional
Michael "Shoe" Xu
How to Prepare Balance Sheet - Using a Company's Creation as Example
Having a financial mindset helps an entrepreneur build resource allocation skills and judgments. Here we discuss how to prepare balance sheet to help cultivate that understanding.
Fill Karel Solution
Fill Karel is a Python problem in the Stanford Code in Place Online course. Read more on how to solve this problem with a universal solution by decomposition.
Piles Karel and the Art and Skill of Universal Solution
Piles Karel is part of the Stanford Code in Place curriculum and by solving this problem in a strategic way, we learn the art and skill of universal solution.
Jigsaw Karel and the Art (and Skill) of Decomposition
Jigsaw Karel is part of the Stanford Code in Place curriculum and by solving this problem in a strategic way, we learn the art and skill of decomposition.
Relationship Between Income Statement and Balance Sheet
The undistributed profit goes into retained earnings. This is the most direct relationship between income statement and balance sheet.
Income Statement: the Formula that Tells if We Make a Profit or Loss
To know whether your biz makes a profit, you have to understand Income Statement - the formula that tells if you make a profit or loss.
Understanding Balance Sheet: A Comprehensive Guide for Beginners
Assets equal Liabilities plus Shareholders' Equity. But what can this equation and all the information on Balance Sheet tell us? Read this guide to learn the basics.
Shareholder's Equity: the Last Piece on Balance Sheet
Learn about the structure of shareholder's equity, and how capital stock, additional paid-in capital, surplus reserve, and retained earnings work.
Geography and Identity: How Cities I've Lived in Shape Who I Am Today
I've been traveling in the past few days to Hong
Liabilities: Current and Noncurrent
A company will classify liabilities within 12 months as current and beyond 12 months as Noncurrent. Read to learn more.
Fair Value vs. Historical Cost: Rules, Applications, and Exceptions
Knowing the total worth of your assets on the balance sheet is important. But what number should you use? Fair value or historical cost?