It is calculated by subtracting SG&A expenses (excluding amortization and depreciation) from gross profit. Starting from Year 0, the accounts payable balance doubles from $60… Leer más »Understanding Accounts Payable AP With Examples and How to Record AP
This is especially common for large companies, and when this happens, a bookkeeper’s duties may expand even further. Furthermore, the Client assumes full responsibility for… Leer más »Independent Contractor Agreement for Accountant and Bookkeeper Independent Contractor Accounting
As compared to scatter graph and least squares regression method, working with high-low point method is simple and easy. However, this method has some serious… Leer más »High-Low Method: Learn How to Estimate Fixed & Variable Costs
It is worth being cautious when using the high-low method, however, as it can yield more or less accurate results depending on the distribution of… Leer más »High-Low Method Formula What Is It, Examples, Calculation