Bookkeeping

You can avoid the whole mistake of counting goods that are obsolete by asking your employees to make sure that there are no destroyed, damaged, obsolete, or stale goods in…

In this exercise, we’ll be comparing the net income of a company with vs. without growing interest expense payments. The TIE’s main purpose is to help quantify a company’s probability…

Net income is the income available to all shareholders after a company’s costs and expenses are accounted for. The net earnings of a company in a given period – i.e.…

A common misperception is that net assets equals the amount of resources the organization has immediately available to spend. Under the accrual method of accounting, expenses are to be reported…

For example, understanding which assets are current assets and which are fixed assets is important in understanding the net working capital of a company. In the scenario of a company…

However a low contribution margin product may be deemed as a sufficient outcome if it uses very little resources of the company to produce and is a high volume sale…