Figure 12.1 "Examples of Cash Flows from Operating, Investing, and Financing Activities" shows examples of cash flow activities that generate cash or require cash outflows within a period. Figure 12.2 "Examples of Cash Flow Activity by Category" pres... Read more
Your statement will read $0 at the end of every month while you accept every type of major card brand as payment for your business. To check out this case study of a business that’s using the cash discount program. Keep 100% of your hard earned... Read more
Examples of capital expenditures include improving or purchasing assets such as property and equipment. For example, a plastic manufacturing plant may purchase property and infrastructure to expand its business capacity. All the expenses related to b... Read more
Profit is what you take home after deducting your expenses from your revenue. Here you’ll plan out how much profit you plan to make based on your projected revenue, expenses, and cost of goods sold. If the difference between revenue and expense... Read more
Types of indirect taxes (VAT/GST and other indirect taxes). The three different tax models used in Canada are GST, HST, and PST. The names in each time zone change along with Daylight Saving Time. Eastern Standard Time becomes Eastern Daylight Time ,... Read more
Don’t worry; budgeting isn’t really that difficult once you get started. While there will be a little work required upfront, once you’ve built your budget, it’s just a matter of tracking than anything else.Make sure you think ... Read more
It could be an online forum, a monthly meeting, or even just a couple of friends traveling the same budgetary road. You need to know you're not the only person setting sane financial limits for yourself. You can also have accountability with your fru... Read more
How would this unforeseen pay cut affect United’s direct labor rate variance? The direct labor rate variance would likely be favorable, perhaps totaling close to $620,000,000, depending on how much of these savings management anticipated when t... Read more
Other common deductions for flight crew members are listed in this article. Direct expenses, such as supplies for and repairs to your office. Say you’re a photographer and you charge $175/hour for your time. You volunteer for a charity run to t... Read more
With training and experience, professional bookkeepers can help ensure you’re generating accurate financial reports and data. Likewise, bookkeepers also help businesses keep track of their accounts receivable. Let’s say your HVAC company ... Read more
