Bookkeeping
4 posts
Contribution Margin: Definition, Overview, and How To Calculate
Variable expenses directly depend upon the quantity of products produced by your company. Typically, most companies should aim for a high contribution margin ratio because it means they’re making more…
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CPA Salary Guide
The CPA exam consists of four sections, and each section takes 4 hours, for a total test time of 16 hours. You can’t reschedule the exam within 24 hours before…
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What is the Accounting Formula: Assets, Liabilities & Equity
These equations, entered in a business’s general ledger, will provide the material that eventually makes up the foundation of a business’s financial statements. This includes expense reports, cash flow and…
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Accounting Ratios Overview, Examples, Formulas
This is how the accounting equation of Laura’s business looks like after incorporating the effects of all transactions at the end of month 1. In this example, we will see…
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