A profit and loss (P&L) statement is one of the three types of financial statements prepared by companies. The other two are the balance sheet and the cash flow statement. The purpose of the P&L statement is to show a company’s revenues and expenditures over a specified period of time...
Managerial accounting also involves reviewing the constraints within a production line or sales process. Managerial accountants help determine where bottlenecks occur and calculate the impact of these constraints on revenue, profit, and cash flow. Managers then can use this information to implement changes...
chips, cameras, and more, to make a mobile. Company A treats each component unit as a separate profit center. This allows the company to better manage the performance of each unit, as well as track their performance. Each unit, such as the one making the camera, would manage and is res...
Types of Mutual Funds The four main types of mutual funds are equities funds, fixed-income funds, money market funds, and hybrid funds. These mutual fund examples are based on the asset classes that the funds invest in: Equity funds Equity funds invest largely in the stocks of various comp...
EPS = (Net income – Preferred dividends)/ Total number of outstanding shares For instance, ABC Limited records a profit of ₹50,00,000 and needs to pay ₹5,00,000 dividends to the preference shareholders. The company has a total of 10,00,000 outstanding shares. EPS = (₹50,00,...
Why is '-ed' sometimes pronounced at the end of a word? What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All More Words with Remarkable Origins ...
The meaning of HETEROTROPHIC is requiring complex organic compounds of nitrogen and carbon (such as that obtained from plant or animal matter) for metabolic synthesis.
Participating preference shares:These types of shares allow the shareholders to demand a part in the surplus profit of the company at the event of liquidation of the company after the dividends have been paid to the other shareholders. In other words, these shareholders enjoy fixed dividends and ...
Fines and Penalties: The police and traffic departments charge various penalties and fines from offenders. Sale of Securities and Bonds: Governments raise capital by offering bonds and securities to the public.Types of Revenue It is subdivided into two types. Operating Revenue: It is the income ge...
Mastering this process ensures smooth, fast, and accurate delivery – boosting your business’s success with every order. What types of logistics processes are there? 1) Procurement Procurement is all about getting the goods or services your business needs from external suppliers. In logistics,...