What Is Cost of Goods Sold and How Do You Calculate It?
Gross Profit is an important metric as it indicates the efficiency with which your business operates. It lets you know how efficiently […]
Categoría: Bookkeeping
Operating Cash Flow OCF: Definition, Cash Flow Statements
When linked to a performance measurement system, the likely result is a continual reduction in the amount of fixed assets and inventory […]
par value of common stock definition and meaning
Par values are typically used as pricing measures for bond and preferred stock buyers. Investors buy and sell bonds at prices that […]
Why is Interest Expense Included in the Operating Activities Section of the Cash Flow Statement?
Since the income statement and balance sheet are based on accrual accounting, those financials don’t directly measure what happens to cash over […]
Accounting for Factoring Receivables: How to Record Factoring Transactions
That means accounts receivable factoring arrangements can’t be kept from customers, as the factor will communicate directly with them to collect the […]
Avoiding Conversion to the Accrual Accounting Method by Electing S Status
Chances are, the difference is due to using one accounting method for your books and another for tax. Business expenses and interest […]