business
What is the meaning of bills for collection?
Outwards Bills for collection Outward Bills for Collection (OBC) is the handling of domestic sales and export documents, which are presented to the Bank b...
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Business
business
What does the statement of cash flows show?
A cash flow statement is a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company. The cash flow state...
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business
What type of expense is an appraisal?
Appraisal costs are a specific category of quality control costs. Companies pay appraisal costs as part of the quality control process to ensure that thei...
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business
How do you find paid-up capital on financial statements?
Paid-in capital formula It’s pretty easy to calculate the paid-in capital from a company’s balance sheet. The formula is: Stockholders’ equity-retained ea...
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business
What affects the net profit?
Businesses operate to produce a net profit by selling merchandise or providing services to clients. Among the factors that affect a business’s net profit ...
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business
What is financial and non financial incentive?
The financial rewards are also called extrinsic rewards and non-financial rewards are called intrinsic rewards. The financial rewards include pay, bonuses...
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business
Why would a company prefer to raise capital through debt?
Debt financing is capital acquired through the borrowing of funds to be repaid at a later date. Common types of debt are loans and credit. The benefit of ...
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business
What is a proportional sentence?
A proportionate sentence has been described as a “reconciliation” between the necessary individualization and necessary party of a sentence. The principle...
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business
How do you decrease equity?
Decrease in Equity A decrease in the owner’s equity can occur when a company loses money during the normal course of business and owners need to move equi...
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business
What falls under cash and cash equivalents?
Cash and cash equivalents refers to the line item on the balance sheet that reports the value of a company’s assets that are cash or can be converted into...
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