Marginal Cost Formula, Curve, Definition, Examples

Companies compute and monitor trends in their variable expense ratio, which is the ratio of variable expenses to net sales. They compute their contribution margin as sales revenue minus variable costs and use it for product pricing decisions. Break even point analysis provides a clear picture of when the company covers its variable and fixed …

Teaching Your Restaurant Bookkeepers the Basics of Restaurant Accounting

Content Gross profit Back Office Setup → Focus on your passion, while we take care of your accounting and back office needs Gusto Payroll For Restaurants Here is the ultimate list of restaurant business KPIs you’ll lose sleep over. Use this restaurant invoice template to create invoices with ease, saving you time and helping you …

Top Online Accounting Programs 2023

Our program also provides a comprehensive education that meets the Louisiana State Board of Accountancy’s requirements to sit for the CPA exam. The Bachelor of Science in Accounting equips students with the knowledge and skills necessary for managing a company or an organization’s financial information and tax documents. Most seek careers in public accounting (including …

Opportunity Cost: Definition, Types, Examples

Content Recent Job Searches Economic profit versus accounting profit Types of Opportunity Cost: Implicit Opportunity Cost Opportunity cost Opportunity Cost Examples Implicit costs Celeste is currently working in the Audit Division of a large Big 4 firm and drawing an Annual Pay of $50000. She plans to pursue her MBA from Wharton, which will cost …

How Might Accounting Services Outsourcing Benefit Small Businesses?

Content Get On The Right Path. Everything else gets easier when you have a dedicated team of top CPAs on your side. How to outsource your bookkeeping Tax Get matched now with top rated accounting software Get the Right Technology for Your Business Outsource Bookkeeping Services and Streamline Your Finances – Save Time and Money! …

How to Write an Effective Grant Application

Content Small Business Hardship Grants Review and Revise How to Write a Grant Complete the Grant Application Step-By-Step Guide to Writing a Grant Proposal Next, research the grant program, its objectives and those who run it. In other words, complete some background work to see how you can tailor the proposal to meet the requirements …

Is Prepaid Rent a Current Asset? Is It Debit or Credit

When a rent agreement offers a period of free rent, payments are not due to the lessor or landlord. However, you are recording the straight-line rent expense calculated by dividing the total amount of required rent payments by the number of periods in the lease term. Additionally, deferred rent is also recorded for lease agreements …

Treasury Stock Example and Treasury Stock Journal Entry

This capital is used by the company to fund operations, invest in assets, and pay salaries. When a company issues common shares, it is selling ownership in the company to investors in exchange for cash. These investors then become shareholders, and their ownership stake in the company is based on the percentage of shares they …

Kansas City CPA QuickBooks Bookkeeping Income Tax Preparation

Content Please sign in to save your favorite courses Will learning Bookkeeping help me get a job? Kansas City Office All «Bookkeepers» results in Kansas City, Missouri How much does it cost to hire an accountant? Polson Tax Provides Services In Kansas City: S&S Financial Services, L.L.C. The IRS explains that CPAs, attorneys and enrolled …

A Beginner’s Guide to Inventory Accounting

Content Periodic vs Perpetual Inventory Systems Small Business Accounting Guide Calculating COGS The Inventory Cycle Overview: What is inventory accounting? Adjusting the General Ledger Inventory Balance- Steps in the Inventory Accounting Process Inventory Management Software for Your Growing Business An especially useful feature is the Data Auditor which helps you to make sure your business …