If you need to estimate how much of your business's revenues will be available to cover the fixed expenses after dealing with the variable costs, this calculator is the perfect tool for you. You can…
8 5 Predetermined Overhead Rates & Overhead Application Financial and Managerial Accounting
At this point, do not be concerned about the accuracy of the future financial statements that will be created using these estimated overhead allocation rates. In simple terms, it’s a kind of allocation rate that…
Free Bookkeeping Contract: Make & Download
The agreement should also explain that the client is responsible for the accuracy of the information provided. You do not want to be held legally responsible for inaccurate financial statements prepared from inaccurate information provided…
How to Read & Understand a Cash Flow Statement
Cash flow from investing activities comprises all the transactions that involve buying and selling non-current assets, from which future economic benefits are expected. In other words, such assets are expected to deliver value and benefits…
Accounting rate of return FFM Foundations in Financial Management Foundations in Accountancy Students
The Accounting Rate of Return (ARR) is a corporate finance statistic that can be used to calculate the expected percentage rate of return on a capital asset based on its initial investment cost. The accounting…