Author: Anfisa Dmitrieva

A receipt is a written acknowledgment that something of value has been transferred from one party to another. In addition to the receipts consumers typically receive from vendors and service providers, receipts are also issued in business-to-business…

As such, the purpose of each seems to be that of maintaining a high level of customer service or part of an attempt to minimize overall costs. When large quantities are ordered or produced, inventory holding costs are increased, but ordering/setup co…

In short, the P/E shows what the market is willing to pay today for a stock based on its past or future earnings. A high P/E could mean that a stock’s price is high relative to earnings and possibly overvalued. Conversely, a low P/E might indicate th…

A RATA or Relative Accuracy Test Audit compares data from a facility Continuous Emissions Monitor (CEM) system to independent Reference Method data….

This yields a list of errors squared, which is then summed and equals the unexplained variance. R-squared (R2) is a statistical measure that represents the proportion of the variance for a dependent variable that’s explained by an independent variabl…

However the object, i.e. the first argument has been evaluated. function is being evaluated the actual expression used as an argument is stored in the promise together with a pointer to the environment the function was called from….

Research and development (R&D) expenses are associated with the research and development of a company’s goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. As a type of o…

Another category of income is Other Income, or income generated from the sale of a product or service not normal to your operations. Interest Income is an example of an Other Income account type….

You report your revenues, expenses and earnings on your income statement. If your total revenues are more than your total expenses for the quarter, you will have a quarterly profit, or net income. If your total expenses are greater than your total re…

Sales Quantity Variance The variance is calculated by taking the difference between the actual sales volume at the budgeted mix and the budgeted sales volume and multiplying this by the budgeted price to give a monetary amount….