iPROMOTEu Hires Jeff Marks as Director of Business Development

iPROMOTEu, Wayland, Mass., has hired Jeff Marks as director of business development. Marks will bring more than 30 years of industry experience to his new role, where he will be responsible for helping distributors and salespeople achieve their business goals through the extensive support and independence provided by iPROMOTEu.…

What Is Equity on Your Balance Sheet?

Ask the Accountant… Question: What is equity that shows on my Balance Sheet? Answer: In the basic accounting formula, equity equals assets minus liabilities. Assets are what you own, such as your bank account and accounts receivables. Liabilities are what you owe, such as accounts payables and credit card debt. Equity is the difference, or…