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Home ⁄ Archive by category "Bookkeeping"

Bookkeeping


Apr
24
2023
5:49 pm

What is Operating Cycle & How to calculate it? with Formula

Similarly, an efficient production process can help improve product quality and turnover speed while reducing manufacturing errors. Let us take the example of Apple Inc. to calculate the operating cycle formula for the financial year ended on September 29, 2018. The following table shows the data for calculation of the operating cycle of company XYZ[continue...]


Nov
17
2022
5:27 pm

Types of Liability Accounts List of Examples Explanations Definition

Since a reduction in capital is recorded on the debit side of an account, all expenses are also recorded on the debit side of the relevant account. Contingent liabilities are only recorded on your balance sheet if they are likely to occur. A debit either increases an asset or decreases a liability; a credit either[continue...]


Aug
23
2021
10:49 am

Break-Even Analysis: How to Calculate the Break-Even Point

Maybe you just aren’t bringing in enough revenue to cover all your expenses. Whatever challenges you're facing, conducting a break-even analysis can help you find solutions. The breakeven point is important because it identifies the minimum sales volume needed to cover all costs, ensuring no losses are incurred. It aids in strategic decision-making regarding pricing,[continue...]


Dec
24
2020
11:32 am

Defined-Benefit vs Defined-Contribution Plans: What’s the Difference?

The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. Different entities will have different benefit schedules, including when employees are vested. Vesting can be immediate, but it may kick in partially from year to year[continue...]


Dec
22
2020
8:59 am

Defined-Benefit vs Defined-Contribution Plans: What’s the Difference?

The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. Different entities will have different benefit schedules, including when employees are vested. Vesting can be immediate, but it may kick in partially from year to year[continue...]


Dec
08
2020
12:04 pm

Cash Flow Statement Operating, Financing, Investing Activities

It means that core operations are generating business and that there is enough money to buy new inventory. The operating activities on the CFS include any sources and uses of cash from business activities. In other words, it reflects how much cash is generated from a company’s products or services. Similarly, the statement of cash flow[continue...]