What Is a Bond? A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or...

If you've heard it once, you've heard it a thousand times: BUDGET YOUR MONEY! Financial experts and money advisors have been shouting...

What Is the Internal Revenue Service (IRS)? The Internal Revenue Service (IRS) is a U.S. government agency responsible for the collection...

What is a Financial Plan A financial plan is a comprehensive evaluation of an investor's current and future financial state by using...

Free cash flow represents the cash a company generates after cash outflows to support operations and maintain its capital assets. Unlike...

What is a Profit Margin Businesses and individuals across the globe perform for-profit economic activities with an aim to generate...

What Is an Annual Percentage Rate (APR)? An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an...

Recession REVIEWED BY WILL KENTON Updated Mar 6, 2019 What is a Recession A recession is a significant decline in economic activity that...

What Is Earnings Per Share – EPS? Earnings per share (EPS) is the portion of a company's profit allocated to each share of common stock....

Direct labor refers to the employees and temporary help who work directly on manufacturer's products. (People working in the production...