Business owners often look for ways to manage their finances while keeping a healthy balance sheet. Off-balance sheet financing has become a popular method for this purpose. It allows businesses ...

No, there is more to come. One very important number is Retained Earnings. This is our accumulated earnings balance. In the above example, it is the net profit for the year, i.e. $293,768. At the end ...

Let’s look at a real-world example of a balance sheet and how to read it. Here’s a shot of Shopify ‘s (TSX: SHOP) balance sheet as things stood at the end of December 2022: ...