Comparative financial statements — AccountingToolsMore advanced techniques to compliment a comparative balance sheet analysisThis one-time gain caused an unusually large increase in net income for 2010. This is important as we continue our analysis o... Read more
Comparability PrincipleAnd, this means the auditor finds no issues with matching, materiality, "historical costs," or any other GAAP-defined accounting principle. And, this outcome means the auditor finds no problems with matching, materiality, histo... Read more
Dividend Per ShareThis naturally means that a company that pays dividends has been through the major growth phase and gotten to the point where they can pay out at least some of their earnings to their shareholders. Given this, there is an element of... Read more
Is land a current asset? — AccountingToolsUsing a par value of $1 a share, calculate the total par value by taking the 5 million shares issued multiplied by $1 for a total par value of $5 million. The common stock will be recorded at the par value, o... Read more
Difference Between Horizontal and Vertical Analysis” Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business’ calendar year. There are three primary limitations to balance... Read more
Are Salaries Fixed or Variable Costs?However, variable costs applied per unit would be $200 for both the first and the tenth bike. The company's total costs are a combination of the fixed and variable costs.Common Fixed CostsVariable costs are invent... Read more
Job Commitment: Definition & OverviewBusiness Transition Strategies Start with a PlanIn addition to the specific considerations for accounting and financial reporting for leases that pertain to governmental entities that are lessees and lessors,... Read more
COMMISSION RECEIVEDThe way in which you're paid may have an impact on your motivation at work. Employees who receive commission-only paychecks may have more motivation to meet or exceed sales goals as their income is tied solely to their performance.... Read more
What Affects Gross Profit & Cost Of Goods Sold?Expenses like shipping and allowances for breakage should be included as well. Manufacturing firms figure in not just the amount paid for raw materials, but all of the labor and overhead costs direct... Read more
Linear Regression: Simple Steps, Video. Find Equation, Coefficient, SlopeWhat is the Difference Between R-Squared and Adjusted R-Squared?The X variable is sometimes called the independent variable and the Y variable is called the dependent variable.... Read more
