The number of shares outstanding can also be reduced via a reverse stock split. A number of company activities can change its number of shares outstanding. It can issue a new round of stock in order to raise money for expansion. Generally, you won’t need to calculate this number yourself and it will be listed …
Share Turnover: Definition, What It Signals, Formula, and Example Read More »
Because the trip is short in duration and close in proximity, your company might choose to cover just meals and leave the cost of transportation up to the employee. Interesting to note, salaries and wages have changed a lot over time. In the Middle Ages, lords gave out food and other items in exchange for …
This ratio is especially vital for accountants who create budgets, like certified management accountants. Improving your business’s quick ratio can make it easier to access funds and manage your financial obligations. But the quick ratio may not capture the profitability or efficiency of the company. You’ll remember from Accounting 101 that assets are anything you …
What is the Quick Ratio and How to Calculate it? Read More »
The example is a bill of $1,000 for General Liability insurance and then two payments of $84. This journal would be used if your business has paid or will be paying a contractor to repair something. The above journal uses the Other Income account to show it is not part of the normal day to …
