Bookkeeping

Tracking 20 years of forest demographics in east Texas, USA, using national forest inventory data US Forest Service Research and Development

It’s something that becomes more and more complex as businesses expand into more channels and sales grow, which means there’s more to analyze and track. With just-in-time management, firms can improve cash flow (as less storage space is needed), reduce excess stock, and cut inventory holding co...
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What Does M And MM Mean In Accounting?

It’s commonly written with f/stop on the camera lens (e.g. f/5.6, f/2.8, f/2). The higher the number, the smaller the aperture or opening and the less exposure. These are all terms that camera manufacturers use to describe the type of focusing motor in the lens, called a silent wave motor. ...
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Vertical analysis: a deep dive into financial statement evaluation

Austin specializes in the health industry but supports clients across multiple industries. One of the major benefits of vertical analysis is that it makes it simple to report to and communicate with stakeholders. A ratio-based approach makes it easy to provide a clear picture of financial healt...
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Annuity Table: Overview, Examples, and Formulas

While future value tells you how much a series of investments will be worth in the future, present value takes the opposite approach. It calculates the current amount of money you’d need to invest today to generate a stream of future payments, considering a specific pv of annuity table interest...
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Debt to Equity Ratio Formula Analysis Example

The cash ratio provides an estimate of the ability of a company to pay off its short-term debt. For example, asset-heavy industries such as utilities and transportation tend to have higher D/E ratios because their business models require more debt to finance their large capital expenditures. Thi...
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The Basics on Payroll Tax

Payroll can differ from one pay period to another because of overtime, sick pay, and other variables. The employer is playing the role of an agent for the government, collecting taxes from employees and remitting them to the state and federal government. However, the matching share of FICA taxe...
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A full-service accounting firm

Additionally, the team handles wealth management, retirement planning, and estate planning. Moreover, this full-service accounting firm offers part-time CFO services for small businesses. HEB Business Solutions is a certified public accounting company based in Salt Lake City. It has been workin...
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What is a Contra Revenue Account?

This, in turn, can impact profitability and provide a better picture of a business's financial health. Sales returns involve products returned by customers, allowances are deductions due to product issues, and discounts are reduced prices for early payment or bulk purchases. A contra asset acco...
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Accounting Equation Overview, Formula, and Examples

Since Speakers, Inc. doesn’t have $500,000 in cash to pay for a building, it must take out a loan. Speakers, Inc. purchases a $500,000 building by paying $100,000 in cash and taking out a $400,000 mortgage. This business transaction decreases assets by the $100,000 of cash disbursed, increases ...
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10 4: Direct Materials Variance Analysis Business LibreTexts

However, purchasing department may be responsible for unfavorable materials quantity variance if it is caused by poor quality of materials. If purchasing department obtains inferior quality materials in effort to economize on price, the materials may be unsuitable for use and may result in exces...
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