Bookkeeping
Profit equation explained: Types, formulas & examples
The gross profit margin compares gross profit to total revenue, reflecting the percentage of each revenue dollar that is retained…
Public Accounting: Careers, Skills, and How to Become a CPA
Investors may be deciding to buy shares in the company, while lenders need to analyze their risk in deciding to…
What Is a Fractional CFO? 4 Key Benefits of Hiring One
A fractional CFO cannot fully replace a full-time CFO, especially in large organizations with complex financial operations. However, for small…
Applied Overhead: What it is, How it Works, Example
If too much overhead has been applied to jobs, it’s considered to have been overapplied. Since the applied overhead is…
Principal: Definition in Loans, Bonds, Investments, and Transactions
During the last year of your mortgage, you’re paying off mostly principal and very little interest. By leveling out your…
How to Calculate Net Income: Examples & Formula
For example, Incomes recognized that using a cash basis is different from incomes using an accrual basis. Different accounting policies…
How to calculate cash flow: 7 cash flow formulas, calculations, and examples
Cash flow statements display the beginning and ending cash balances over a specific time period and points out where the…
How to Read & Understand a Cash Flow Statement
Does the business require a lot of CapEx to keep its business up and running? Our work has been directly…