What does it mean when a revenue or expense must be accrued? What does it mean when an adjustment must be made? A) What is meant by trading on the equity? B) How would you determine the profitability of trading on the equity? Define average accumulated expenditures and explai...
What does unlimited mean in a business name? Anunlimited liability companyinvolves general partners and sole proprietors who are equally responsible for all debt and liabilities accrued by the business. Most companies opt to form limited partnerships, where a partner's liability cannot exceed their i...
What does it mean to write off an uncollectible account? What is the definition of GAAP, in terms of an audit? Give the definition and examples of accounting concept. What do we mean by accrued liabilities? Provide some common examples. ...
On the surface, high revenue could mean that a company is doing very well. But, if that is counterbalanced by high expenses, resulting in a less than stellar profit, the company might not actually be at its healthiest. What does Revenue Mean in Economics? Economics students learn to ...
His job on walks is to exercise and hunt down the most perfect place to poop. My job on walks is to exercise and pick up his poop and bag it since he does not have opposable thumbs. But yesterday I also noticed a large deposit of ‘other’ poop. This fills me with anger. What is...
What does working capital mean? Working capital is the difference between a business’s current assets (e.g., cash, accounts receivable, and inventories) and current liabilities (e.g., accounts payable and short-term debt). It’s an essential financial metric that helps ensure a company has...
听力原文:W: Remember when everyone was saying that the new exam format would be so much easier? M: Well, it hasn't worked out that way, has it? Q: What does the man mean? (16) A.The exam format is not any easier. B.The exam format hasn't been introduced yet. C.The exam fo...
(Future interest is not reported as a liability until the accounting periods in which the interest has accrued.) A long-term (noncurrent) liability for the difference between 1) the total unpaid principal balance owed as of the date of the balance sheet, minus 2) the principal payments that...
However, it does become an issue if a user's attempt to save to SkyDrive is interrupted (as often happens when accessing cloud services). For when they go back to SkyDrive after the interruption, they might find a version of their Notebook already there. This version will, though, be ...
What Does a Bond's Yield Tell Investors? A bond's yield is the return to an investor from the bond's interest, or coupon, payments. It can be calculated as a simple coupon yield or using a more complex method like yield to maturity. Higher yields mean that bond investors are owed lar...