Do all companies have to follow GAAP?
Not all businesses are required to follow GAAP. The U.S. Securities and Exchange Commission (SEC) requires publicly traded companies to follow GAAP in add...
Expert insights and detailed technical documentation about Education.
Not all businesses are required to follow GAAP. The U.S. Securities and Exchange Commission (SEC) requires publicly traded companies to follow GAAP in add...
Return on assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is commonly defin...
Apple Jobs and Wozniak co-founded Apple in 1976 to sell Wozniak’s Apple I personal computer. Together the duo gained fame and wealth a year later with the...
193 cm equals 6 feet and 4 inches in height. 1 foot is around 30.48 cm or 12 inches, therefore 193 cm is equal to 6.33 feet or 6 feet and 4 inches. What i...
The 10 Best Salon Scheduling Software Schedulicity is an easy online scheduling app that helps to manage your work schedule. Shedul claims to be the numbe...
You can become an accounts payable clerk by earning a high school diploma or GED certificate. Secure an associate degree in accounting, finance, or busine...
Any increase in liabilities is a source of funding and so represents a cash inflow: Increases in accounts payable means a company purchased goods on credi...
To calculate total manufacturing cost you add together three different cost categories: the costs of direct materials, direct labour and manufacturing ove...
Record the Sales Return Transaction Debit sales returns and allowances by the selling price. Debit the appropriate tax liability account by the taxes coll...
An optimum capital structure has such a proportion of debt and equity which will maximise the wealth of the firm. At this capital structure the market pri...
What Are Fixed Expenses? Fixed expenses are consistent and expected bills you pay each month, such as a mortgage or rent, a cellphone bill and a student l...
The net income approach assumes that change in the degree of leverage will alter the overall cost of capital (WACC) and hence the value of the firm. Where...