Bookkeeping

Explicit vs Implicit: Usage Guide

Episodic memories are long-term memories of things that happen to us throughout the day or of past events. These are sometimes emotionally charged events...

What is Net Profit Margin? Formula for Calculation and Examples

No wonder this indicator is closely followed by investors who try to adjust their portfolios and maximize returns. Growth companies might have a higher...

Know the Major Differences between Private- and Public-Sector Companies

When there is a mix of both public and private ownership, it is called a mixed economy. A mixed economy typically leads to increased...

Subsequent accounting for goodwill: impairment 1; amortization 0!

Figure the depreciation deduction in the same manner as under GDS, except use the straight line method over the ADS recovery period and use...

Overhead Rates Formula: What Is It and How to Calculate It

A pre-determined overhead rate is the rate used to apply manufacturing overhead to work-in-process inventory. The first step is to estimate the amount of...
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