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Money Saving Tip
  Don't forget the simple rule that high investment returns equate to high risks. In most cases, the higher the interest rate offered, the higher the risk of losing a part, or all, of your monetary investment.
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Money Fun Fact
  It is estimated that only 3% of the coins now in circulation are needed to maintain the economy on a daily basis.

Source: Coinstar.com

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Financial Terms
Annual Report

This is a formal financial statement issued each year by a corporation. The annual report includes a description of the corporation's operations and the following information:

  • A balance sheet
  • An income statement
  • A cash flow statement

    This information shows the assets, liabilities, revenues, expenses and earnings to give shareholders information on how the corporation's income fared during the year.

    SEC rules require that the corporation's annual report be distributed to all shareholders. A more detailed version of this report is called a 10-K.

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