Category: Bookkeeping

For this reason, variable costs are a required item for companies trying to determine their break-even point. In addition, variable costs are necessary to determine sale targets for a specific profit target. The company faces the risk of loss if it produces less than 20,000 units. However, anything above this has limitless potential for yielding […]

Routine accounting data would be recorded permanently with a timestamp, preventing it from being altered ex-post, which Alles (2018) argues would further ensure the reliability of current accounting information systems. Real-time accounting would also reduce the potential opportunities for earnings management (Yermack, 2017). Additionally, using blockchain means anyone can review all transactions, even those that […]

After creating the project, I was taken to a page designated to that project. Here, I could post updates on the project’s status, track hours worked and view project invoices, estimates, expenses and profitability reports, all from the project’s page. By clicking “more actions,” then “generate invoice” from the top of the page, I could […]

The payout ratio indicates the percentage of total net income paid out in the form of dividends. As the above examples depict, the dividend payout ratio will be different for different firms in different industries with different financial situations. Investors need to realize that not all companies’ dividend payout ratios should be examined the same. […]

The study was conducted on 14 men and women, average age 24 years, in a “laboratory” apartment where each person was allowed to drink as many as six beers. After determining how much each person drinks normally, half were given a capsule of kudzu or an inactive pill, or placebo. Fifty-one percent of adults over […]

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