Kategori: Bookkeeping

The trailing P/E ratio is calculated by using the EPS number based on the actual earnings of immediate past 12-month period. Similar companies within the same industry are grouped together for comparison, regardless of the varying stock prices. Moreover, it’s quick and easy to use when we’re trying to value a company using earnings. When…

In other words, the PE multiple is the number of times one pays for yielding a dollar. In general, a high P/E suggests that investors expect higher earnings growth than those with a lower P/E. A low P/E can indicate that a company is undervalued or that a firm is doing exceptionally well relative to…

Neither the law nor the courts have specifically ruled on payout of unused paid sick leave, but the same judgment is likely to apply. Not all US states have PTO payout laws, and in most states that do, PTO payout laws only apply to earned vacation time. However, employers must accrued vacation meaning give employees…

In some cases, companies are required to pay an employee for their unused vacation or sick time at separation, regardless of whether they quit, were laid off, or were fired. However, many states allow companies to implement PTO policies that say employees forfeit unused vacation or sick time if they’re fired, or if they don’t…

Both US-based companies and those headquartered in other countries produce the same primary financial statements—Income Statement, Balance Sheet, and Statement of Cash Flows. Concepts Statements give the Financial Accounting Standards Board (FASB) a guide to creating accounting principles and consider the limitations of financial statement reporting. Multi-period and departmental trial balance reports are available as…

In order to understand the http://www.ashknottcottage.com/HolidayCottages/welcome-to-yorkshire-tour-de-france, let’s focus on what exactly does it mean to “adjust” a trial balance, for real. An interesting fact is that this approach is used by companies that employ manual accounting to balance their transactions from account to account. The adjusting entries for the first 11 months of the year…