Working Capital: Definition & Formula
Current assets, such as cash and equivalents, inventory, accounts receivable, and marketable securities, are resources a company owns that can be used up or converted into cash wit
What Is a Pay Stub? All Your Questions Answered
To create a pay stub, the first step is to have each employee complete a Form W-4. Once you have a completed W-4, you’ll need to collect additional information for the pay stub.
Direct and indirect materials cost definition, explanation, examples
Indirect materials, on the other hand, are typically expensed in the period in which they are used or consumed. Accurately accounting for indirect materials is crucial for budgetin
How and Why Do Companies Pay Dividends?
Since spinning off from DowDuPont, Dow has reduced its net debt and pension liability by $10 billion. Dow’s margins have taken a major hit recently as the company has faced s
Cost of Goods Sold COGS: What It Is & How to Calculate
When inventory is artificially inflated, COGS will be under-reported which, in turn, will lead to a higher-than-actual gross profit margin, and hence, an inflated net income. The b
GAAP: What Are Generally Accepted Accounting Principles?
In general, these two systems set out to accomplish similar goals, but they do have a few differences. The responsibility for enforcement of GAAP and shaping GAAP’s sta
Are your agencies agents or independent contractors?
I was injured in a car accident in 2014, almost a year into medical treatment my doctor said I needed surgery to repair my injury. I was overwhelmed with medical bills and dealing
Understanding Nonprofit Financial Statements and the Form 990 The Larned A Waterman Iowa Nonprofit Resource Center
Don’t report on line 21 voluntary awards or grants made by the organization to its state or national organizations for specified purposes. Enter amounts for activities intend