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Bookkeeping

Capital Budgeting Best Practices Definition, Finance

10 Feb 2021 | 0 comments

In the two examples below, assuming a discount rate of 10%, project A and project B have respective NPVs of $137,236 and $1,317,856. These results signal that both capital budgeting projects would increase […]

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How To Do A Bank Reconciliation: Step By Step

29 Dec 2020 | 0 comments

One of the primary reasons responsible for such a difference is the time gap in recording the transactions of either payments or receipts. Therefore, such adjustment procedures help in determining […]

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What Is a Balance Sheet? Definition, Explanation and Format Examples

24 Dec 2020 | 0 comments

The equity section is crucial on a balance sheet, reflecting a company’s net worth post liabilities deduction from assets. Understanding equity is essential for investors assessing a company’s value and […]

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What Is a Balance Sheet? Definition, Explanation and Format Examples

15 Dec 2020 | 0 comments

The equity section is crucial on a balance sheet, reflecting a company’s net worth post liabilities deduction from assets. Understanding equity is essential for investors assessing a company’s value and […]

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Accounts receivable aging report: Guide

10 Dec 2020 | 0 comments

For example, aim to reduce 91+ days past due invoices by 10% in the next quarter. Tracking customer balances over time allows you to assess their creditworthiness. Increasing overdue invoices […]

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What Is Present Value in Finance, and How Is It Calculated?

03 Dec 2020 | 0 comments

An investor can compare their fair value estimate with the market value to decide to buy or sell. The fair value is often the price that an investor pays that […]

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Debt Ratio Formula Analysis Example

17 Nov 2020 | 0 comments

This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a […]

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Least Squares Fitting from Wolfram MathWorld

16 Nov 2020 | 0 comments

The below example explains how to find the equation of a straight line or a least square line using the least square method. The presence of unusual data points can […]

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How To Check Your Bank Account Balance

03 Nov 2020 | 0 comments

Mobile banking apps have become increasingly popular, and many banks now offer their own apps to make banking easy and convenient for their customers. To use a mobile banking app […]

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What is the Accounting Formula: Assets, Liabilities & Equity

26 Oct 2020 | 0 comments

Other names used for this equation are balance sheet equation and fundamental or basic accounting equation. Examples of assets include cash, accounts receivable, inventory, prepaid insurance, investments, land, buildings, equipment, and goodwill. […]

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