April 10, 2023 Current Ratio Definition, Explanation, Formula, Example and Interpretation Learn how to build, read, and use financial statements for your business so you can make more informed decisions. Apple technically did not have enough current assets on hand to pay all of its short-term bills. Changes…
March 24, 2023 Percentage Increase Calculator The concept of capital adequacy has been a key topic in the banking industry for many years. In the realm of entrepreneurial ventures, optimizing operational costs is paramount. The base case is your existing or normal volume…
March 24, 2023 Cash Disbursement Journal What It Is, Examples, Format The journal is cash disbursement journal example simply a chronological listing of all payments including both cash and checks. The journal is used to save time, avoid cluttering the general ledger with too much detail, and to…
March 13, 2023 Operating Income: Formula and How to Calculate Put simply, operating profit is a company’s net income from its core operations after accounting for operating expenses. Operating profit excludes the deduction of interest and taxes, as well as any profits earned from ancillary investments, such…
March 1, 2023 2024 Xero Beautiful Business Fund winners revealed The Code Zone (UK) offers online and local coding clubs for kids aged six and upwards and is the global winner in the ‘Upskilling for the future’ category. Through the clubs, kids can learn to code in…
February 2, 2023 Predetermined Overhead Rate POHR: Formula and Calculation Enforcing company-wide cost-saving policies around printing, travel, etc. further helps minimize overhead. You’ll master the key formulas, learn how to allocate costs properly across departments, see real-world examples, and discover best practices to control overhead expenses. This…
January 9, 2023 Break-Even Analysis: Formula and Calculation First, identify your fixed costs, which are expenses that do not change regardless of the number of downloads. Suppose your fixed costs include $10,000 for app development and $2,000 for marketing, totaling $12,000. Determine all fixed costs…
December 5, 2022 Sacramento Nonprofit Bookkeeping Services for Effective Financial Management They focus on compliance with regulations such as IRS Form 990, tracking restricted funds, and producing detailed donor reports. From its Sacramento headquarters, Daily Balance continues to offer tailored support that helps local nonprofits reduce overhead by…
October 25, 2022 Interest Expenses on Statement of Cash Flow Another useful aspect of the cash flow statement is to compare operating cash flow to net income. This comparison measure how well a company is running its operations. The cash flow statement reflects the actual amount late fees and…
September 28, 2022 How to convert accrual basis to cash basis accounting Benjamin Podraza holds a Bachelor of Science in accounting and a Master of Science in taxation from Arizona State University. He is a financial consultant that has provided advice to thousands of individuals and business owners for…
