Retained Earnings Guide, Formula, and Examples

An accumulated deficit is when a company’s debts total more than its reported earnings on a balance sheet. When a business has a positive retained earnings number, the company has more to spend on assets to foster further growth. Retained earnings are important because they can be used to finance new projects or expand the […]

5 years sober + 5 tips for long-term sobriety Matt Hunt

On December 31st, I celebrated 5 years of continuous sobriety. 5 years of freedom from the drugs and alcohol, freedom from the bondage of self. In those 5 years, a lot has happened and a lot has changed. I have changed friends, apartments, jobs and directions. I have set goals for myself and achieved things […]