Content Resources How to Use Net Cash Flow How can I increase my company’s net cash flow? Resources for YourGrowing Business Net Present Value (NPV) and Determining the Feasibility of a Project Introduction to cash flow management: prepare and strategise for all scenarios with better cash flow knowledge and forecasting Examples of Net Cash Flow […]

In this case, it’s important to see what the firm’s internal review and quality control procedures are. Balancing your books allows you to catch any errors or mistakes in your bookkeeping. Accounts receivable (AR) is the money your customers owe you for products or services they bought but have not yet paid for. It’s important […]

There, 50 pairs of skis could be produced per month at a cost of 100 snowboards, or an opportunity cost of 2 snowboards per pair of skis. We have seen the law of increasing opportunity cost at work traveling from point A toward point D on the production possibilities curve in Figure 2.5 “The Combined […]

Content Research and Sponsored Programs Policies and Resources Affecting the Determination of Indirect Costs Tip: How to Distinguish Direct Costs from Indirect Costs? Total Direct Cost Base and Total Costs: Typically Non-Federal Overhead Costs Indirect cost examples Accounting: What Are Direct & Indirect Costs in Financial Statements? Processing IDC Rate Changes Unlike indirect costs, you […]

Content Refunds How to Change/Update Your Address With the IRS Your Request Originates from an Undeclared Automated Tool Free Live Chat & Email Support For Your Online Tax Return If you don’t let the IRS know that you moved, it sends all correspondence to your last known address, the one listed on your most recent […]

Before you can understand how to calculate and use the accounts payable turnover ratio, you must first understand what the accounts payable turnover ratio is. In short, accounts net profit before interest and tax payable (AP) represent the money you owe to vendors or suppliers. Accounts payable appears on your business’s balance sheet as a […]

Using the furniture example, we can see the journal entry the business would use to record each year of depreciation. “Cost of the asset” refers to the amount you paid to purchase the asset. “Salvage value” is the cash you receive when you sell the asset at the end of its useful life. In the […]

Results are typically sorted by zip code, so if you live in a small town you may need to adjust your search radius to see more possible CPAs. PBO has offices located in San Diego and Phoenix and serve clients throughout the Pacific Southwest. They help to ensure that your hard-earned assets are shielded in […]

Second, that asset could reach the end of its useful life—then it is no longer is being depreciated. This formula is best for production-focused businesses with asset output that fluctuates due to demand. This is the simplest and most straightforward method of depreciation. Accumulated Depreciation, Carrying Value, and Salvage Value Your depreciation deduction for each […]

It can be sold at a later date to raise cash or reserved to repel a hostile takeover. Some liabilities are considered off the balance sheet, meaning they do not appear on the balance sheet. Balance sheets should also be compared with those of other businesses in the same industry since different industries have unique […]