Technically, net sales refer to revenue minus any returns of purchased merchandise. Compared with non-operating income, operating income provides more information about the fundamentals and growth potential of the company. Revenue is often called the top line because it’s located at the top of an income statement. When a company is said to have “top-line growth,” it means the company’s revenue—the [...]

This program is not open to the general public who are not clients of ADP and is not a program for job seeking individuals to gain employment with ADP if you do not meet the eligibility requirements. Don’t be confused when you see ADP Mobile Solutions listed as a product on the vendor’s website. This [...]

Due to the drawbacks of the direct write-off approach, the allowance method is more frequently used. The Direct Write Off Method is straightforward and easy to understand, making it an attractive option for small businesses with limited resources. Shaun Conrad is a Certified Public Accountant and CPA exam expert with a passion for teaching. After [...]

It is very clear from the above example that the higher the compounding interval, higher is the wealth accumulated. Also, longer the investment tenure higher is the wealth accumulated. Furthermore, you can change the inputs and try various combinations to estimate the potential returns from your investment. Use Scripbox’s Compound Interest calculator to find how [...]

They tend to focus on their studies in short intense segments between jobs, classes, and family commitments. Meanwhile, the accounting industry has endured dramatic shifts since the collapse of Enron and WorldCom, causing a renewed focus on ethical behavior in accounting. This dynamic author team designed Managerial Accounting to work within the confines of today's [...]