What is non taxable income
Non-taxable income refers to earnings that are not subject to income tax by the government. This blog explains what qualifies as non-taxable income.
what does remit payment mean
“Remit payment” means to send or transfer money as payment for goods or services. This blog explains the meaning of remit payment.
what is a hold harmless agreement
A Hold Harmless Agreement is a legal contract that protects one party from liability for certain damages or claims.
what does WIP stand for
WIP stands for “Work In Progress,” a common term used in project management, manufacturing, and accounting. This blog explains the meaning of WIP.
what is a stratified sample
When it comes to collecting data, the method you choose can significantly shape your outcomes. If you’re wondering why so many researchers and analysts gravitate toward stratified sampling, you’re in the right place. Think of it as the secret weapon in a statistician’s toolbox! So, what makes stratified sampling shine brighter compared to other methods […]
what does FIFO refer to in marketing.
FIFO in marketing ensures older stock sells first, reducing waste and keeping inventory fresh. Learn how it boosts sales and efficiency.
what does Financial metrics like EBITDA stand for
Learn what EBITDA means and how this financial metric helps assess a company’s core profitability and performance.
what is a credit balance and its importance
Discover what a credit balance means in accounting and why it’s important for tracking financial stability and business performance.
what is additional paid in capital
Learn what additional paid-in capital is and how it represents investor contributions above par value in a company’s equity.
What is NOI in real estate business.
NOI in real estate means Net Operating Income—used to measure a property’s profit after expenses. Learn what it is and how to calculate it.