education
What is an acceptable price to earnings ratio?
P/E ratio indicates what amount an investor is paying against every dollar of earnings. A higher P/E ratio indicates that an investor is paying more for e...
Dec 29, 2025 1 views
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Education
Expert insights and detailed technical documentation about Education.
education
What LC means?
A letter of credit is a document sent from a bank or financial institute that guarantees that a seller will receive a buyer’s payment on time and for the ...
Dec 29, 2025 1 views
education
What does a typical maid service include?
Standard cleaning services include tasks such as vacuuming and mopping the floors, bathroom cleaning, kitchen cleaning, and dusting. Standard cleaning tak...
Dec 29, 2025 0 views
education
How do you calculate accounts receivable turnover on a monthly basis?
Next, take the net credit sales for the accounting period and divide it by the net accounts receivable balance to determine the ratio. Suppose this hypoth...
Dec 29, 2025 1 views
education
Are trade discounts entered in the accounting records?
Trade discounts and cash discounts are both types of sales discounts. A trade discount is deducted before any exchange takes place with the customer and t...
Dec 29, 2025 1 views
education
Is closing stock a asset or liability?
Closing stock is shown on the asset side of a balance sheet. Where is opening stock in a balance sheet? Beginning inventory is an asset account, and is cl...
Dec 29, 2025 1 views
education
What were the average gas prices in 2007?
Supporting Information Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) 2007 2.80 3.16 2008 3.27 3...
Dec 29, 2025 1 views
education
What is overdraft protection?
Overdraft protection typically allows transactions exceeding the balance in your checking account to be approved and can save you steep overdraft fees. So...
Dec 29, 2025 0 views
education
What happened on January 26th in history?
A Metrolink commuter train collides with a SUV abandoned on the track causing two trains to derail killing 11 and injuring 200 in Glendale, California, ne...
Dec 29, 2025 1 views
education
What are the types of operational audit?
Different Types of Operational Audits Financial Audits or Review: Financial audits focus on financial controls as they relate to reporting to internal and...
Dec 29, 2025 1 views
education
Will an adjusting entry to accrue an incurred expense will affect total liabilities?
An adjusting entry to accrue an incurred expense will affect total liabilities. The difference between deferred revenue and accrued revenue is that accrue...
Dec 28, 2025 1 views
education
What weighs more feathers or iron?
Their masses are identical. The only thing that will be different is their volume. Even if you compressed the feathers until you squeezed all the air out,...
Dec 28, 2025 1 views
