... alternative accounting methods for determining cost of goods sold expense and inventory cost value. 236 Part III: Accounting in Managing a Business 17_246009 ch11.qxp 4/17/ 08 12:50 AM Page 236 The information ... $791 .82 ($410 variable costs plus the $ 381 .82 burden rate). The com- pany’s cost of goods sold, therefore, would have been $3.5 million higher for the year ($31 .82 hig...
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... impact of depreciation on cash flow” sidebar for more information. 88 Part II: Figuring Out Financial Statements 09_246009 ch04.qxp 4/16/ 08 11:56 PM Page 88 ... profit accounting a fascinating challenge. For one thing, you have to understand how a business operates and its strategies in order to account for its profit. Making a profit and accounting for ... competitors’ pe...
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All Titles Accounting & Bookkeeping For Dummies_4 pptx
... business, you use the earnings multiple method. (For more information on the valuation of a small business, see Small Business Financial Management Kit For Dummies, written by myself and my son, Tage ... sheet). For instance, how much would you pay for a business that has never made a profit and whose liabilities are more than its assets? There’s no simple formula for calculating th...
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All Titles Accounting & Bookkeeping For Dummies_5 pptx
... left to pay them. 167 Chapter 8: Deciding the Legal Structure for a Business 14_246009 ch 08. qxp 4/17/ 08 12:00 AM Page 167 Chapter 8 Deciding the Legal Structure for a Business In This Chapter ᮣ ... decides who goes on the board of directors. 1 68 Part III: Accounting in Managing a Business 14_246009 ch 08. qxp 4/17/ 08 12:00 AM Page 1 68 Note: The all- stocks-are-created-eq...
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All Titles Accounting & Bookkeeping For Dummies_12 potx
... 287 – 288 basic EPS, 282 book value, 284 – 285 book value per share, 284 – 285 capital utilization test, 289 current ratio, 287 diluted EPS, 281 – 282 dividend yield, 283 EPS (earnings per share), 280 – 282 financial ... structuring for C corporations, 1 78, 179– 180 LLCs (limited liability companies), 1 78, 181 – 182 partnerships, 1 78, 181 – 182 pass-through tax entities, 90,...
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Accounting and Bookkeeping For Dummies 4th edition_10 pdf
... and Accounting Fraud 22_246009 ch15.qxp 4/17/ 08 12:05 AM Page 313 312 Part IV: Preparing and Using Financial Reports Exploring the Need for Audits One reason for audits — especially for smaller ... broad subject that extends beyond the scope of this book. For more information, look at Small Business Financial Management Kit For Dummies (Wiley) — a book that my son, Tage C. T...
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Accounting and Bookkeeping For Dummies 4th edition_1 pptx
... check for any errors that may have fallen through the cracks. 57 Chapter 3: Bookkeeping and Accounting Systems 07_246009 ch03.qxp 4/16/ 08 11:54 PM Page 57 You must provide additional information for ... Opening the Books on Accounting 06_246009 ch02.qxp 4/16/ 08 11:51 PM Page 48 Chapter 3 Bookkeeping and Accounting Systems In This Chapter ᮣ Distinguishing between bookkeepi...
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Accounting and Bookkeeping For Dummies 4th edition_2 ppt
... impact of depreciation on cash flow” sidebar for more information. 88 Part II: Figuring Out Financial Statements 09_246009 ch04.qxp 4/16/ 08 11:56 PM Page 88 ߜ A business hires a law firm that does ... to accountants at least). All transactions have a 68 Part I: Opening the Books on Accounting 07_246009 ch03.qxp 4/16/ 08 11:54 PM Page 68 starts. The premium cost is allocated...
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Accounting and Bookkeeping For Dummies 4th edition_3 doc
... in inventory longer than the 88 -day average, and some products may sell in a much shorter period than 88 days. You need to focus on the overall average. Is an 88 -day average inven- tory holding ... lives, assets are sold for their disposable values (or traded in for new assets). 1 18 Part II: Figuring Out Financial Statements 10_246009 ch05.qxp 4/16/ 08 11:59 PM Page 1 18 Chapter...
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Accounting and Bookkeeping For Dummies 4th edition_4 docx
... business, you use the earnings multiple method. (For more information on the valuation of a small business, see Small Business Financial Management Kit For Dummies, written by myself and my son, Tage ... prepare for him: 120 Part II: Figuring Out Financial Statements 11_246009 ch06.qxp 4/17/ 08 12: 28 AM Page 120 For example, when you go to a supermarket, a very small slice of the...
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