Manufacturers use cost accounting systems to keep a tab on the production activities using a perpetual inventory system. In simple words, the cost accounting… Read Article
To better understand the advantages and disadvantages of corporations, let’s understand them with the help of an example. Sam is the owner of a… Read Article
Retained Earnings: MeaningRetained earnings represent the cumulative profits earned by a company over time that have not been distributed as dividends to its shareholders.… Read Article
Cash flow and fund flow are two different statements calculated for various purposes. Investors, financial analysts, and management use these statements to make important… Read Article
Analysts across the globe use ratios such as Return on Equity (ROE) and Return on Investment (ROI) to identify the investment potential. Although both… Read Article
Equipment leases usually provide an alternative way for businesses that don’t have enough money to purchase necessary equipment. Businesses lease various equipment ranging from… Read Article
What is Direct MaterialThink about the list of items you need to prepare a chocolate cake. Your list will include items like flour, cocoa… Read Article
Weighted Average Shares Outstanding incorporates any changes in the outstanding shares over a reporting period. This number is of great significance as it is… Read Article