J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. David ...

Items in inventory have value to the business because it is expected that those goods will generate profit at some point. Sometimes, market conditions or environmental factors can lead to items in the ...

The term "sales turnover" does not have a precise definition. Sometimes, it is used to refer to a company's revenue for a year or for another accounting period. Sales turnover is also used as a ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...