Author Archives: Harbourfront Technologies

A balance sheet is a financial statement that presents a snapshot of a company’s financial position at a specific moment. It has three main components: assets, liabilities, and shareholders’ equity. Assets represent what the company owns, liabilities represent its obligations, … Continue reading →

ChatGPT is a large-scale language model developed by OpenAI. It utilizes state-of-the-art deep learning techniques to generate human-like text responses based on the input it receives. Trained on a diverse range of internet text, ChatGPT has a vast knowledge base … Continue reading →

The cost of goods sold (COGS) is a critical financial metric used by businesses to calculate the direct costs associated with producing or acquiring the goods or services sold during a specific accounting period. However, the COGS figure can be … Continue reading →

The cost of goods sold (COGS) refers to the direct costs incurred by a company in producing or acquiring the goods it sells during a specific period. It includes all the costs directly associated with goods, such as raw materials, … Continue reading →

Companies in the services industry earn revenues through the fees they charge their clients. However, not all of these fees may qualify as “earned”. Therefore, it is crucial to understand how it works. What are Fees Earned? Fees earned refer … Continue reading →

Pairs trading is a market-neutral strategy that involves identifying two correlated securities and taking positions based on their relative price movements. The concept behind pairs trading is to identify pairs of assets that historically exhibit a high degree of correlation, … Continue reading →

Life insurance is a financial product that provides protection and financial security to individuals and their families in the event of the policyholder’s death. While it is primarily seen as a means of providing a death benefit, questions may arise … Continue reading →

Relocating for work purposes often comes with a host of expenses, including costs associated with moving personal belongings, transportation, and temporary housing. As an employee, it’s natural to wonder whether these moving expenses are considered taxable income. In this blog … Continue reading →

Dual pricing, also known as price discrimination, is a pricing strategy that has been used by businesses for many years. It involves charging different prices for the same product or service to different customers. This strategy is often used in … Continue reading →

What is Free Cash Flow? Free cash flow (FCF) is a financial metric representing the amount of cash a company has available after deducting its operating expenses, taxes, and investments in fixed assets. It measures the cash generated by the … Continue reading →