Liquidity Ratios Guide: Types, Formulas and Examples

The level suggests the company might need to raise outside capital (e.g., selling assets, issuing stock, or borrowing more money) to help cover its current liabilities. A liquidity ratio of 1 or more suggests a company has more than enough liquid assets to cover loan meaning its current liabilities. The higher the liquidity ratio, the … Devamını oku…

The Financial Accounting Standards Board Provides Clarification Surrounding Conditional Retainage

Though other cost management methods have challenged it, standard cost remains a popular choice for many organizations. Standard costs are typically established for reasonably attainable levels of efficiency (production). Assuming everything is perfect, an ideal standard level is set; machines do not break down, employees show up on time, no defects, no scrap, and materials … Devamını oku…

Inventory Tracking: Everything You Need to Know When Assessing Inventory Tracking Skills

With the two systems integrated, inventory managers can optimally allocate resources – improving operational efficiency. All inventory information is centralized and easily accessible on ticketing systems allowing service agents to quickly respond to internal or external business queries. Such a system facilitates easy data transfer by allowing managers to import, and transfer data in the … Devamını oku…

PDVSA and Chevron Oversee Petropiar Safety Operations

Understanding the ratio of direct to indirect labor helps in optimizing resource utilization. Businesses can identify areas where automation, outsourcing, or process improvements can streamline operations and reduce excess labor costs. In business, making a sale or closing the deal is not the only thing important. 📆 Date: May 3-4, 2025🕛 Time: 8:30-11:30 AM EST📍 … Devamını oku…

Indianapolis, IN Accounting & Bookkeeping

Check out the average hourly rate for accounting services in your region. Elevation CPA Group is a provider of professional bookkeeping and accounting services to business clients in the Indianapolis area. The full-service CPA firm can assist small businesses in a range of organizational areas including accurate record keeping and accounting that keep financials in … Devamını oku…

QuickBooks Import Excel and CSV Toolkit: Step by Step

”Wells Fargo” is usually the most stable from Quickbook’s perspective, it usually always imports. But you can use different numbers, but you must use them carefully. For example, you can click ‘Look up’ and if you have Quickbooks installed on your computer, you will see the full list. Some banks have just Banking, some banks … Devamını oku…

Payback Period Formula with Calculator

I’m dedicated to helping others master Microsoft Excel and constantly exploring new ways to make learning accessible to everyone. The above article notes that Tesla’s Powerwall is not economically viable for most people. As per the assumptions used in this article, Powerwall’s payback ranged from 17 years to 26 years. Considering Tesla’s warranty is only … Devamını oku…

Operating Leverage DOL Formula + Calculator

Managers need to monitor DOL to adjust the firm’s pricing structure towards higher sales volumes as a small decrease in sales can lead to a dramatic decrease in profits. First, compute the percentage change in sales by subtracting the previous period’s sales from the current period’s sales, dividing the result by the previous period’s sales, … Devamını oku…

Break-Even Point: Formula and Analysis

All pricing and promotions presented on clover.com are for what is operating income operating income formula and ebitda vs operating income new merchant acquiring customers only. Merchants currently processing on First Data systems and merchants that have processed on First Data systems during the previous 90 days are not eligible for offers and pricing on … Devamını oku…

Accountants and Consultants

Sharp Point is a premier accounting and bookkeeping firm serving Buffalo Grove, IL and its neighboring communities. They also provide payroll administration, compliance filings, and small business consulting. For over a decade, it has been providing bookkeeping solutions to help business entities and professionals monitor their income and expenditures. The full-service company reconciles invoices or … Devamını oku…