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Accounts Payable Manager Label

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Accounting / July 16, 2018 / Justice Buckley

For example, assume ABC Corp has a return on investment of $1,000,000, an interest expense of $2,000,000 and average earning assets of $10,000,000. ABC Corp's net interest margin would then...

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Accounting / July 17, 2018 / Ariyah Lang

A tangible, long-term asset used for the business and not expected to be sold or otherwise converted into cash during the current or upcoming fiscal year is called a fixed...

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Accounting / July 16, 2018 / Collins Barber

Asset retirement obligation involves the retirement of a tangible, long-lived asset that depends on a future event beyond the control an obligated party. It is an accounting rule and legal...

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Accounting / August 3, 2018 / Pearl Bailey

Comprehensive Income The concept of comprehensive income, which is relatively new (1998), takes into consideration the effect of such items as foreign currency translations adjustments, minimum pension liability adjustments and...

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Accounting / August 3, 2018 / Willow Mccoy

Depreciation expense reduces profit but does not impact cash flow. Hence, it is added back. Similarly, if the starting point profit is above interest and tax in the income statement,...

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Accounting / August 3, 2018 / Khloe Santiago

In accounting, journals are used to record similar activities and to keep transactions organized. One of the journals is a cash receipts journal, a record of all of the cash...

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Accounting / August 3, 2018 / Khloe Santiago

Gross Profit A company's gross profit does more than simply represent the difference between net sales and the cost of sales. Gross profit provides the resources to cover all of...

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Accounting / August 3, 2018 / Pearl Bailey

Reconciliation is particularly useful for explaining the difference between two financial records or account balances. Some differences may be acceptable due to the timing of payments and deposits. Unexplained or...

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Accounting / August 3, 2018 / Sharon Hardin

Here is one of the four most important reports lenders and investors want to see when evaluating the viability of your small business. It is also called a profit and...

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Accounting / August 3, 2018 / Pearl Bailey

Activity based costing (ABC) assigns manufacturing overhead costs to products in a more logical manner than the traditional approach of simply allocating costs on the basis of machine hours. Activity...

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