What Are Accruals? How Accrual Accounting Works, With Examples
2024年6月25日 · Accruals are revenues earned or expenses incurred that impact a company's net income on the income statement but cash related to the transaction hasn't yet changed …
What Is Net Profit Margin? Formula and Examples - Investopedia
2024年6月1日 · Net profits: $56,000. Net profit margin is thus 0.56 or 56% ($56,000 ÷ $100,000) × 100. A 56% profit margin indicates the company earns 56 cents in profit for every dollar it …
Generally Accepted Accounting Principles (GAAP): Definition and …
2024年6月27日 · Key Takeaways. GAAP stands for generally accepted accounting principles, which set the standard accounting rules for preparing, presenting, and reporting financial …
Supply Chain Management (SCM): How It Works & Why It's …
2024年6月27日 · Supply chain management (SCM) is the monitoring and optimization of the production and distribution of a company’s products and services. It seeks to improve and …
Corporate Governance: Definition, Principles, Models, and Examples
2024年9月12日 · Corporate governance is the structure of rules, practices, and processes used to direct and manage a company. A company's board of directors is the primary force influencing …
Industry: Definition in Business and Investing - Investopedia
2024年6月5日 · The Bottom Line. In business and investing, industry is a classification that is used to group similar companies. These companies have comparable products and services, …
Balance Sheet: Explanation, Components, and Examples
2024年6月19日 · The balance sheet is one of the three core financial statements that are used to evaluate a business. It provides a snapshot of a company's finances (what it owns and owes) …
What Is a Sole Proprietorship? - Investopedia
2024年6月18日 · A sole proprietorship is an unincorporated business with only one owner who pays personal income tax on profits earned. Sole proprietorships are easy to establish and …
Liability: Definition, Types, Example, and Assets vs. Liabilities
2024年7月30日 · They're recorded on the right side of the balance sheet and include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and accrued expenses. …
Partnership: Definition, How It Works, Taxation, and Types
2024年6月27日 · A partnership is a legal arrangement that allows two or more people to share responsibility for a business. Those partners share the ownership and profits, but they also …