Cash and Internal Control
Cash is a requirement for every business. Cash buys assets and services and pays liabilities. Effective cash management improves the company’s financial health.
Time Value of Money
The time value of money shows that money today is worth more than money in the future. This article shows future value and present value calculations.
Inventory and Cost of Goods Sold
A merchandising company buys and sells inventory. When sold, inventory costs become the cost of goods sold (COGS), which is usually a company’s largest cost.
Accounting for Merchandising Activities
A merchandising company sells merchandise inventory to customers. Accounting for companies that sell inventory is more complex than for service companies.
Excel XLOOKUP Tutorial
XLOOKUP is an Excel function that can lookup and reference data. Since it can search both vertically and horizontally, it can replace both VLOOKUP and HLOOKUP.
What-If Analysis in Excel
What-if analysis is the process of changing input values to see how the changes affect other output data. What-if analysis is a powerful tool in Excel.