JIT is a pull-based system of production, pulling work through thesystem in response to customer demand. This means that goods are onlyproduced when they are needed, eliminating large stocks of materials andfinished goods. Therefore, for every labor hour spent, a cost of $6.7 or for every machine hour spent a cost of $10 would be [...]

Identifying a break-even point helps provide a dynamic view of the relationships between sales, costs, and profits. Finally, the breakeven point can be used to determine the amount of losses that could be sustained if a business suffers a sales downturn. This is a useful analysis when deciding how much to pare back expenses during [...]

However, Lehman's balance sheet contained relatively low-risk assets such as regulatory deposits and closely matched trades, making up about half of its total assets. "Net leverage," which did not include these assets, was the company's main focus. For example, according to Lehman Brothers' most recent annual financial reports, the company had accounting leverage of 31.4 [...]

And by enabling Wave’s payments feature, you can accept credit cards and bank payments for as little as 1%2 per transaction and get paid out in as fast as 1-2 business days1. Electronic invoices are created with online invoicing software or other cloud-based services, which makes it easy to automate the invoicing process. Electronic invoices [...]

The more forms and schedules you need to complete your return, the more you typically pay. We reviewed the most expensive versions this year—those that provide tax prep tools for the self-employed and advanced topics like depreciation, rental income, and capital gains. The IRS requires that all tax preparers or firms filing 11 or more [...]