technology
What is reserve for doubtful debts?
A bad debt reserve, also known as an allowance for doubtful accounts (ADA), is money set aside by a company to cover receivables that might not be paid by...
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Technology
technology
What is a trust in terms of business?
A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or asset...
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technology
What falls under the Freedom of Information Act?
The Freedom of Information Act (FOIA) provides public access to all federal agency records except for those records (or portions of those records) that ar...
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technology
What is a business rule in database example?
The following statement is an example of a typical business rule: A SHIP DATE cannot be prior to an ORDER DATE for any given order. This particular busine...
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technology
How do you calculate marginal fixed cost?
Marginal cost is calculated by dividing the change in total cost by the change in quantity. Let us say that Business A is producing 100 units at a cost of...
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technology
Which company made the most profit in 2020?
1. Apple (NASDAQ:AAPL) While it may have profits of $57.2 billion, which are less than Berkshire Hathaway, its return on assets at 17.85% is the highest i...
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technology
How many kahoots pet stores are there?
There are 21 Kahoots Feed & Pet locations in the United States as of July 15, 2021. What animals sell kahoots? Kahoots is a retail Pet Supply chain of...
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technology
How do you calculate cost of sales with gross profit percentage?
A company’s gross profit margin percentage is calculated by first subtracting the cost of goods sold (COGS) from the net sales (gross revenues minus retur...
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technology
What is the use of stock journal voucher?
Stock Journal is a Journal in which all types of Stock Adjustments are entered. This is useful to transfer the goods from one location to another. The qua...
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technology
What is the meaning of Average Room Rate?
ARR stands for: Average Room Rate. It is a hotel KPI which measures the average rate per available room – similarly to ADR. However, ARR can also be used ...
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