basic accounting includes revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. and debits and credits.
What is Bookkeeping Bookkeeping is the technique of putting your company’s financial actions into organized accounts on a regular basis. It can also refer to the many recording strategies that corporations might use. Accurate bookkeeping is also important for external users, such as investors, financial institutions, or the government – individuals or organizations who require …
Gross income is overall earnings, whereas net income is your real business profit after costs and permitted deductions are subtracted. These terms are often confused because gross income is utilized to compute net income.
What is Budget A budget is a plan that is represented quantitatively, generally in monetary terms, and covers a defined time period, usually one year. In other terms, a budget is a methodical strategy for allocating manpower and material resources. A budget in a corporate organization indicates an estimate of future expenses and profits. Types …
Dividend Yield A dividend yield is an investment ratio. The dividend yield ratio allows investors to compare the most recent dividend they received with the current market value of the share to determine the return on their investment. However, keep in mind that the current market share price may show little similarity to the price …
Profitability Margin Profitability Margin measures to determine how much money a firm or business activity produces. It measures the ratio of sales that resulted in profitability. Simply defined, the percentage statistic shows how many cents of profit the company made for every dollar of sales. Profitability ratios are related to efficiency ratios in that they …
