Tips Clear News Portal Your Ultimate Guide to Clear Tips on Life, Tech, Health, and More

What is Accounts Receivable (AR)? Accounts Receivable (AR) is the balance of money owed to a business for goods or services delivered or used but not yet paid for by customers. Trade receivables are recorded on the balance sheet as current assets. AR is any amount of money owed by customers for purchases made on credit. Key points to remember …

What is Inflationary Psychology? Inflationary psychology is a mindset that causes consumers to spend faster than they otherwise would in the belief that prices are rising. Most consumers will immediately spend their money on a product if they think its price will increase shortly. The rationale for this decision is that consumers believe they can save money by purchasing the …

What is the price-to-book (P/B) ratio? Companies use the price-to-book ratio (P/B ratio) to compare a company’s market capitalization to its book value. It is calculated by dividing the company’s stock price by its book value per share (BVPS). An advantage book value is equal to its book value on the balance sheet, and companies calculate it by offsetting the …

What is a short gold ETF? A short gold ETF is a exchange-traded fund (ETF) who seeks to take advantage of a fall in the gold price. Short gold ETFs are also known as inverse gold ETFs, or bear AND F. In some cases, short gold ETFs will offer leverage to investors, so that a given drop in the price …

Honeywell International (HON) generated $34.4 billion in sales for fiscal year 2021. It has successfully solidified itself as a Fortune 500 company by expanding into many industries and offering diverse products. Honeywell’s success is partly attributable to the many acquisitions it has made. Five years of Honeywell strategic plan from 2014 to 2018 requested $10 billion in Mergers and acquisition …

Saree Draping is a traditional Indian wear that is extremely versatile and can be worn in many different styles. Depending on the draping style of the saree, you can create a unique fashion statement. Sarees have been popularized by Bollywood over the years, with many classic and timeless designs being introduced by iconic actresses. From the classic look of Hema …

The banking sector is the section of the economy devoted to the holding of deposits, the granting of credit, and the trading and investment of financial assets. There are a number of exchange traded funds (ETF) that follow the banking sector. Leveraged ETFs are exchange-traded funds that seek to generate a multiple return (eg, 2x or 3x) of the actual …

What is the SEC Form S-2? The Securities and Exchange Commission’s Form S-2 was a regulatory form of the Security and Exchange Commission (SEC) which served as a simplified registration for the offering of new securities. An SEC filing is a financial statement or other official document filed with the United States Securities and Exchange Commission (SEC). The form was …

The following is an excerpt from Black Fortunes: The Story of the First Six African Americans Who Escaped Slavery and Became Millionairesby Shomari Wills, which details the origins of Black Wall Street. Ottawa W. Gurley (aka OW) was a turn-of-the-20th century black educator, entrepreneur, and landowner born to former enslaved Africans. In 1889, after resigning from a position he held …