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.
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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.
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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.
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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.
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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.
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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.
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