Companies use the percentage of sales method to turn a revenue forecast into a full forecast of business activity, helping them make decisions on such things as purchasing, hiring and capital ...

Michael Schmidt, CFA, is a staff member of FINRA's Dispute Resolution Board with 20+ years of experience in the financial market. SDI Productions / Getty Images Operating cash flow is cash generated ...

Financial statements play an important role in any business, no matter the size. The four basic types of statements include the balance sheet, the profit and loss statement and statements on cash flow ...

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...