There is an astonishing phenomenon that occurs in business. When departments discuss finance, people often use different terms to refer to the same thing. For example, operating income (or operating profit) is a line on the income statement (or P&L) … Read More
Sometimes people working for non-profits or not-for-profit organizations are unfamiliar with basic business concepts and ideas. Non-profits don’t consider themselves to be “in business.” They see themselves as an organization working for the betterment of the community or the world. … Read More
Apple will shortly begin paying a regular dividend, which some investors take to be a bad sign. Apple is now sitting on $100 billion in cash and investments – see the illustration of their 2011 year-end financials below: apart from … Read More