What are the two types of cash flow statements?
Cash flow statement format There are two ways to prepare a cash flow statement: the direct method and the indirect method: Direct method – Operating cash ...
Is a return a profit?
A return is the change in price of an asset, investment, or project over time, which may be represented in terms of price change or percentage change. A p...
What is the difference between net and gross?
Gross vs Net Income: What’s the difference? Gross income is the total amount you earn and net income is your actual business profit after expenses and all...
How do you present financial information to non-financial managers?
How to present financial information to non-financial stakeholders Lack of financial literacy. Lack of relevance. Time restraints. Turn it into a story. S...
Does Earnings before tax include interest?
Earnings before interest and taxes is a measurement of your company’s profitability. It enables you to calculate your revenue, minus expenses (including i...
Which is better to have accounts receivable or notes receivable Why?
Accounts receivable is an informal, short-term payment and usually no interest, whereas notes receivable is a legal contract, long-term payment, and usual...
Who owns the Cadbury brand?
Mondelez International Kraft Heinz CompanyKraft Foods UK Ip & Production Holdings Limited Cadbury/Parent organizations Is Cadbury owned by Coca Cola?...
What is additional paid in capital on the balance sheet?
Additional Paid In Capital (APIC) is the value of share capital above its stated par value and is an accounting item under Shareholders’ Equity on the bal...
How Excel is used in accounting?
Microsoft Office Excel was designed to support accounting functions such as budgeting, preparing financial statements and creating balance sheets. It inte...
What is the holiday year?
Your ‘leave year’ or ‘holiday year’ is a term that is used to describe the period in which your employer expects you to take your annual leave. Why annual...
