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There is less reliance on value and therefore minimal misinterpretation. Agency 902, as the controlling agency, reports the CIST (GL 0045) for funds in the second category. Therefore, any CIST balances on the non-controlling agency’s books are eliminated at fiscal… Read More

Additionally, it is also available as shareholders’ equity on the balance sheet. Book value per share is just one of the methods for comparison in valuing of a company. Enterprise value, or firm value, market value, market capitalization, and other… Read More

Your accountant should be comfortable with a variety of software to ensure you can choose the best option for your business. Unlike a bookkeeper, a certified public accountant (CPA) can represent your business in a tax audit if your CPA… Read More

Note that certain states have different methods for calculating the regular rate of pay for nonexempt employees who are paid on a salary basis. To make matters even more complex, businesses must comply with not only the FLSA, but also… Read More

Content How Do You Calculate A Average Collection Period? Step 1. Calculate average accounts receivable Monitor Average Collection Period to Improve Performance Average Colleciton Period Calculator How to calculate the average collection period with an example? Yes, the average collection… Read More

However, this need not be a cause for concern, as long as this situation does not become the norm. Liquidity refers to how easily or efficiently cash can be obtained to pay bills and other short-term obligations. Assets that can… Read More

If not, then it means the company’s management needs to be more efficient in maintaining the operating cycle of the company. This is to ensure that the company can cover all its liabilities without having to liquidate assets from inventories.… Read More