Process Costing System: Definition, Types, and Examples
Calculating process costing for goods produced can assist manufacturing or production organizations in determining how much product is…
REVERSE MERGER: DEFINITION, Advantages, and Disadvantages
A reverse merger is the process of an already-public corporation by a smaller, private company. Because it is…
PERIODIC INVENTORY SYSTEM: Detailed Overview With Examples
There are numerous inventory valuation methods available to firms, and selecting the proper valuation method might have long-term…
AVERAGE COLLECTION PERIOD: Definition, Formula, and Calculations
Understanding how long it takes a company to recoup its investment in inventory and raw materials is critical…
ANNUITY DUE: Definition, Formula and Calculations
A contract between a policyholder and an insurance provider is referred to as an annuity. With this arrangement,…
FORWARD CONTRACT: Definition, Types, and How It Works
Forward and futures contracts are derivatives agreements in which two parties agree to acquire or sell a specified…
CASH BACK LOANS: What They Are and How To Get Them
If you need a short-term loan that will allow you to obtain cash readily from a direct lender,…
CLOSED END LOAN: Types and How To Get One
A loan is frequently used to refer to money borrowed or an amount of money available for borrowing…
DISCONTINUED OPERATIONS: Definition and Accounting Presentation
What happens when a company discontinues a product line or a sales office? These operations must still be…
OPEN END LOAN: What It Is And How It Works
A loan can be closed-end or open-end. A closed-end loan is frequently an installment loan in which the…