執筆者 Upwork | 6月 4, 2021 | Bookkeeping
Before you can understand how to calculate and use the accounts payable turnover ratio, you must first understand what the accounts payable turnover ratio is. In short, accounts net profit before interest and tax payable (AP) represent the money you owe to vendors or...
執筆者 Upwork | 5月 11, 2021 | Bookkeeping
Diversifying your assets can make your profit and revenue more controllable, predictable, and ultimately reduce risk when it comes to your cash flow. These opportunities are proven strategies to release cash from the balance sheet in the right situations. If they’re...
執筆者 Upwork | 11月 26, 2020 | Bookkeeping
The sum of $6,080 cost of goods sold and $7,020 ending inventory is $13,100, the total inventory cost. In this case, the store sells 100 of the $50 units and 20 of the $54 units, and the cost of goods sold totals $6,080. FIFO and LIFO produce a different cost per unit...
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