How To Build A Budget
Loading the player...
Learn the basic steps towards building a system to track your money and control your spending.
Current assets are all of the assets a company uses to fund its daily operations. These are the assets the company could convert into cash within a year in the normal course of business.
The cost of equity is the rate of return an investor requires from a stock before exploring other opportunities.
Float is money in the banking system that is briefly counted twice due to delays in processing checks.
Whether a company chooses FIFO or LIFO has important implications for the bottom line and for tax liability.
Investopedia explains: Reconciliation is an accounting process in which two sets of records are compared to make sure that the figures are in agreement. These sets of records are usually account balances.
Selling, general and administrative expenses (SG&A) are a company's total direct and indirect costs from selling its product or service as well as its total general and administrative expenses. The company reports its SG&A on the income statement.
comments powered by Disqus