Sean Ross

What Is an Impaired Asset? In the United States, an asset is considered impaired when its fair market value unexpectedly drops to less than the book value, or net carrying value, recorded on the balance sheet. If the loss is […]

Regardless of your financial status, keeping tabs on the ultrarich—whether with admiration, envy, or resentment—is probably more pleasurable and less demanding than researching a mortgage, shopping for online brokers, or studying finance and economics. The appeal of wealthy families reflects

Apple Business Model vs. Microsoft Business Model: An Overview More than any other American companies, Apple, Inc. (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) dominate the intersection of technology and consumer access. Even though they compete across a huge range

While many Americans struggle to save for retirement, elected representatives and senators in the U.S. Congress receive substantial pension benefits for life. Though congressional retirement pay is not typically a big election-year issue, it might serve as evidence of a disconnect between

There are different factors investors and businesses must consider before making and committing to an investment—one of the most important being the return. Returns are the difference between the cost of the investment and the value generated after the investment

Revenue vs. Retained Earnings: An Overview Revenue and retained earnings provide insights into a company’s financial performance. Revenue is a critical component of the income statement. It reveals the “top line” of the company or the sales a company has made

The balance of payments is a double-entry accounting system that’s based on corresponding debits and credits. Its purpose is to record payments and receipts from the residents of one country with residents of all other countries. It’s important to distinguish

Earnings vs. Income: An Overview Earnings and income are two key financial metrics that measure a company’s profitability. They are often used interchangeably and are considered synonymous with each other. However, there are various types or classifications of earnings and income

It can be tricky for the average investor to evaluate an investment bank but the general rules of stock-picking apply: Profitability is good, rising dividends are better, and cash flow should be sustainable. There are also some additional metrics with

Both financial analysts and investment bankers evoke images of well-dressed corporate professionals, and many college graduates seek out these jobs. For all of their similarities, though, these are two very different career paths that are suited for very different kinds