에 의해서 pyeongchang | 4월 28, 2022 | Bookkeeping
When the external stakeholders are analyzing the company’s financial health and position in the market, they mainly rely on the financial ratio analysis. Financial ratio analysis offers great insight into the performance of the company. It is the difference between...
에 의해서 pyeongchang | 8월 11, 2021 | Bookkeeping
Dividends paid are the cash and stock dividends paid to the stockholders of your company during an accounting period. Where cash dividends are paid out in cash on a per-share basis, stock dividends are dividends given in the form of additional shares as fractions per...
에 의해서 pyeongchang | 5월 14, 2021 | Bookkeeping
In 2023, the van will be used for 3 months only (January to March) since it has a useful life of 5 years (i.e. from April 1, 2018 to March 31, 2023). Functional or economic depreciation happens when an asset becomes inadequate for its purpose or becomes obsolete. In...
에 의해서 pyeongchang | 2월 22, 2021 | Bookkeeping
The cost of goods sold (COGS) is the cost related to the production of a product during a specific time period. It’s an essential metric for businesses because it plays a key role in determining a company’s gross profit. All companies who keep inventory and sell...