Universidade Federal do Ceará
Departamento de Química Orgânica e Inorgânica

By understanding these components, stakeholders can gain insights into the company’s financial health and readiness for future operations. The post-closing trial balance is not just a list of numbers; it’s a reflection of a company’s financial discipline and a precursor to its financial storytelling in the upcoming period. It’s a crucial bridge between accounting periods, […]

Fixed and variable costs are expenses contribution margin def your company accrues from operating the business. If the annual volume of Product A is 200,000 units, Product A sales revenue is $1,600,000. To calculate contribution margin (CM) by product, calculate it for each product on a per-unit basis. After you’ve completed the unit contribution margin […]

The sooner you identify discrepancies, the easier they are to resolve. Even https://stephanis.info/page/7/?openidserver=1 with the best intentions, manual cash reconciliation is inherently prone to human error. Studies show that a significant percentage of finance professionals identify manual reconciliation as a major pain point, especially during the month-end close. Simple mistakes like transposing numbers or overlooking […]

For example, a business may take advantage of a 10% trade discount if it orders a certain quantity of goods, or a 5% cash discount if it pays within 15 days. This can reduce the exposure to uncollectible accounts and improve the quality of the receivables. For example, a business may use a credit reporting […]

States could still exempt themselves from daylight saving time, as long as the entire state did so. In the United States, daylight saving time lasts for a total of 34 weeks, running from early-to-mid March to the beginning of November in states that observe it. Under federal law, daylight saving time begins on the second […]