May 3, 2022 / by arpafil / Bookkeeping / 0 comments
Industries such as cement, soaps, steel, paper, chemicals, medicines, vegetable oils, rubber, etc., use this method to assign the costs. Process Costing helps companies make critical decisions based on accurate information. It allows companies to track product cost performance by production location or department—information that can be used to help determine which products are most […]
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Current Ratio Formula Example Calculator Analysis
August 9, 2022 / by arpafil / Bookkeeping / 0 comments
A current ratio of less than 1.0 indicates that a company’s short-term assets, even if fully realized at their book value, would not be able to cover its short-term liabilities. This is to say that a current ratio of less than 1.0 is generally a bad current ratio. More specifically, the current ratio is calculated […]
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Days Sales of Inventory DSI: Definition, Formula, Importance
August 5, 2022 / by arpafil / Bookkeeping / 0 comments
The Days Sales in Inventory (DSI) value gives an estimation of the time required for a business to turn its inventory into sales. Generally, a low DSI is preferred because it denotes quick inventory turnovers, although the ideal DSI will vary depending on the organization and its sector. This gives you the information you need […]
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What is a Stock Certificate?
May 11, 2022 / by arpafil / Bookkeeping / 0 comments
And when you’re up and running, we can help with ongoing business compliance with our Worry-Free Compliance Service. If you have an old stock certificate it’s possible, though unlikely, that it has some value beyond wall art. However, if you’re among those who need to have physical proof of your investment, then read on to […]
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Process Costing Definition, Examples, Features & System
May 3, 2022 / by arpafil / Bookkeeping / 0 comments
Industries such as cement, soaps, steel, paper, chemicals, medicines, vegetable oils, rubber, etc., use this method to assign the costs. Process Costing helps companies make critical decisions based on accurate information. It allows companies to track product cost performance by production location or department—information that can be used to help determine which products are most […]
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