Bookkeeping

The Father of Accounting: Luca Pacioli Bench Accounting

The position is advanced that this project remains a work-inprogress that deserves the status of a key objective of accounting theoretical research. The nature of theoretical coherence is addressed, along with a case made for the desirability of a coherent theory of accounting regulation....

Introduction to Multiple Linear Regression

Each split tries to reduce the variance in the target variable. It’s useful for predicting things like house prices based on size. Linear regression assumes a clear link between the input and output. The degrees of freedom for the numerator is \(p_C - p_R\) and...

Variable Costs Explained: Definitions, Formulas and Examples

Commissions increase as the sales volume goes up, hence this is a cost that varies with sales. For example, when a salesperson is remunerated for each item sold, the proportionality of the total earnings of a salesperson increases with the sales performance. This structure of...

Variable Costs Explained: Definitions, Formulas and Examples

Commissions increase as the sales volume goes up, hence this is a cost that varies with sales. For example, when a salesperson is remunerated for each item sold, the proportionality of the total earnings of a salesperson increases with the sales performance. This structure of...

Variable Costs Explained: Definitions, Formulas and Examples

Commissions increase as the sales volume goes up, hence this is a cost that varies with sales. For example, when a salesperson is remunerated for each item sold, the proportionality of the total earnings of a salesperson increases with the sales performance. This structure of...

Variable Costs Explained: Definitions, Formulas and Examples

Commissions increase as the sales volume goes up, hence this is a cost that varies with sales. For example, when a salesperson is remunerated for each item sold, the proportionality of the total earnings of a salesperson increases with the sales performance. This structure of...

Variable Costs Explained: Definitions, Formulas and Examples

Commissions increase as the sales volume goes up, hence this is a cost that varies with sales. For example, when a salesperson is remunerated for each item sold, the proportionality of the total earnings of a salesperson increases with the sales performance. This structure of...

Variable Costs Explained: Definitions, Formulas and Examples

Commissions increase as the sales volume goes up, hence this is a cost that varies with sales. For example, when a salesperson is remunerated for each item sold, the proportionality of the total earnings of a salesperson increases with the sales performance. This structure of...

Terminal Value Explained: Formula, Calculation & Growth Rate

A terminal growth rate is usually in line with the long-term inflation rate but not higher than the historical gross domestic product (GDP) growth rate. Investors can assume that cash flows will grow at a stable rate forever to overcome these limitations starting at some...