Bookkeeping
Present Discounted Value (PDV) is a financial concept that determines the value of a future amount of money or stream of cash flows, discounted to reflect its value in today’s terms. PDV is based on the principle that a dollar today is worth more than a dollar in the future due to its potential earning…
A stop-loss order sets a price point at which an investor exits a trade that has experienced a predetermined level of loss in order to avoid losing even more. Many covered investment strategies use two-legged positions which integrate a planned entrance and exit strategy for an investment with a specified level of profit. Covered strategies…
Operating revenue is generated from the core business activities of a company. As an investor, you can generally trust a certified statement because an audit has been conducted. But when looking at a compiled statement, you need to keep in mind that it has not been audited or endorsed by an independent professional. Most companies…
In addition to the fixed manufacturing overhead costs, absorption costing also includes the variable manufacturing costs in the cost of a product. These costs are directly traceable to a specific product and include direct materials, direct labor, and variable overhead. Absorption costing, alsocalled full costing, is what you are used to under GenerallyAccepted Accounting Principles….