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This article sheds light on the pivotal differences between projections and forecasts, highlighting their unique roles in enhancing strategic financial planning. Traditionally, forecasts and projections required finance teams to pull up a spreadsheet, build a model, and manually input financial data. However, you can create forecasts and projections within minutes thanks to Mosaic, a complete […]

If every single buyer had taken advantage of the early payment discount, the company would have provided roughly $10 thousand in discounts during that same timeframe. In reality, the actual number of company discounts came closer to $5 thousand. Sometimes, it is important to keep the original balance of the accounts and create the contra […]

Contra asset accounts are recorded with a credit balance that decreases the balance of an asset. A key example of contra liabilities includes discounts on notes or bonds payable. Contra accounts are more commonly paired with asset accounts, such as accounts receivable or inventory, to reduce the carrying values of those assets. A liability that […]

And the cheaper a stock is, the more accretive share repurchases are, with the ability to retire more shares. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Apple’s business has been transitioning more toward services in recent years, which can be a great way for the company to upsell existing […]