As technologies rapidly advance, companies increasingly need to update their computer systems. Patton & Company, PC can audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As experts in this field, we can put your computer problems at bay as well as […]
Archives par catégorie: Bookkeeping
The contribution margin ratio is calculated as (Revenue – Variable Costs) / Revenue. Along with the company management, vigilant investors may keep a close eye on the contribution margin of a high-performing product relative to other products in order to assess the company’s dependence on its star performer. Another common example of a fixed cost […]
Maintaining bookkeeping tasks is essential for the stability and success of small businesses. With so many moving pieces (including assets and liabilities, and income and expenses), small business owners must stay on top of it all. A strong understanding of your business’s http://testuz.ru/eng_test.php?id=756 financial health is essential to the success of your company. Startup accounting […]
They then must assess what resources will be needed to reach that goal. Resource allocation includes managing tangible assets such as hardware to make the best use of softer assets such as human capital. Resource allocation involves balancing competing https://www.quick-bookkeeping.net/perpetual-inventory-methods-and-formulas/ needs and priorities, and determining the best course of action to maximize the use of […]
Retained earnings, at their core, are the portion of a company’s net income that remains after all dividends and distributions to shareholders are paid out. Stock dividends, on the other hand, are the dividends that are paid out as additional shares as fractions per existing shares to the stockholders. Likewise, both the management as well […]
The long-term asset construction in progress accumulates a company’s costs of constructing new buildings, additions, equipment, etc. Each project’s costs are accumulated separately and will be transferred to the appropriate property, plant, or equipment account when the asset is placed into service. At that point, the depreciation of the constructed asset will begin. The cost […]