Retained earnings refer to the historical profits earned by a company, minus any dividends it paid in the past. To get a better understanding of what retained earnings can tell you, the following options broadly cover all possible https://www.kelleysbookkeeping.com/ uses that a company can make of i...

Professionals working in a wide range of corporate finance roles calculate the incremental cost of production as part of routine financial analysis. Accountants working in the valuations group may perform this exercise calculation for a client, while analysts in investment banking may include it as ...

Total debt-to-total assets is a measure of the company’s assets that are financed by debt rather than equity. If the calculation yields a result greater than 1, this means the company is technically insolvent as it has more liabilities than all of its assets combined. A result of 0.5 (or 50%) ...

The real challenge though is keeping track of the different components that go into the net sales equation, among all the other key financial metrics your company generates. Suppose you sell chairs that are $40 each, and you sold 1,000 pieces this month without any returns or discounts. A business&#...

What are the best practices for eCommerce inventory management? Then, your bookkeeper can go in, follow the processes you and your accountant establish, and up to your financials each week. Even if it is only 5% of your total sales, having a Shopify store and/or selling on additional channels divers...

Calculating vacation accrual and vacation pay can be confusing, but it’s much easier to understand using the basic formulas provided. It varies from jurisdiction to jurisdiction, but it is generally similar. Accrued vacation by way of accrued hours is calculated as time, not wages or dollars. In l...