In conclusion, the total paid-in capital from our hypothetical transaction is $100k, composed of $100 in common stock (par value) and $99.9k in additional paid-in capital (APIC). The paid-in capital reflects the total capital contributions received... Read more
Given the accounts receivables turnover ratio of 4.8x, the takeaway is that your company is collecting its receivables approximately five times per year. Generally, the higher the accounts receivable turnover ratio, the more efficient a company is a... Read more
That is, the average selling price of a used version of the game is $42.87. Linear models can be used to approximate the relationship between two variables. The truth is almost always much more complex than our simple line. X- is the mean of all the... Read more
To practice as a CPA, you must hold a CPA license through your state licensing board. Certification simply means you have passed the CPA exam and qualify for the next steps in the licensing process. Licenses are issued by state accounting boards and... Read more
The challenge is that the State Boards only recognize “relevant” experience that is “properly verified.” I have a full post on the CPA experience requirements since they are a little tricky. I would like to congratulate... Read more
In other words, you multiply the shorter-term rate of return by the number of periods that make up one year. As mentioned, a monthly rate of return is often annualized to project the returns on a stock over the next 12 months. Quarterly figures are... Read more
Dividend distributions and voting in the general meeting of shareholders are calculated according to this number. The fully diluted shares outstanding count, on the other hand, includes diluting securities, such as warrants, capital notes or converti... Read more
From setting up your organization to inviting your colleagues and accountant, you can achieve all this with Deskera Books. You can witness the easy implementation of the tool and try it out to get a renewed experience while handling accounting equati... Read more
Of course it takes a whopping two seconds to do, but as a young impressionable teen at the time, being clueless about most financial things was quite common. Wise is an online account that lets you spend abroad with your Wise card. To protect your a... Read more
At this point, the only way to process the payment is if the drawer — otherwise known as the check writer or issuer — changes the date on a replacement check or issues a new check. A stale check is an undeposited or uncashed check that may be too sta... Read more
