Is issuing bonds an investing activity?
Both cash inflows and outflows from creditors and investors are considered financing activities. Some examples of cash flows from financing activities are...
Category: Updates
Which store has the highest profit margin?
Apparel Magazine’s annual report shows top apparel brands with highest overall profit margin Lululemon Athletica. Profit Margin: 17.6% The Buckle. Profit ...
Do dividend payments reduce retained earnings?
When the dividends are paid, the effect on the balance sheet is a decrease in the company’s retained earnings and its cash balance. In other words, retain...
What is the objective of inventory valuation?
The foremost step of valuation is to ascertain the physical inventories of the company, i.e., raw material, work in progress goods, and finished goods. Th...
What are financial statements Australia?
A financial statement is a report that shows the financial activities and performance of a business. Shows your business’s revenues, costs and expenses ov...
Does HST recoverable have a debit balance?
HST is a consumer tax which means that businesses are able to claim back any HST they pay on purchases of supplies, expenses ,etc. Any HST paid by the bus...
Does fixed cost change per unit?
Fixed costs are those that stay the same in total regardless of the number of units produced or sold. Although total fixed costs are the same, fixed costs...
What is the root of the word journalism?
As one can understand, journalism comes from the word ‘journal’. ‘Journal’ evolved from a late Latin word called ‘diurnalis’ meaning belonging to a day. W...
What is the difference between Ipsas and IFRS?
IPSAS differentiate between acquisition and amalgamations; IFRS only considers acquisitions….Key definition differences between IFRS and IPSAS. Accounting...
Who regulates condo associations in Illinois?
Therefore, if you need legal advice, we encourage you to consult an attorney of your choice. Which Law Governs My Association? Most homeowners association...
