Author: Anfisa Dmitrieva

The company’s published subscriber count increased from one million in the fourth quarter of 2002 to around 5.6 million at the end of the third quarter of 2006, to 14 million in March 2010. Netflix’s early growth was fueled by the fast spread of DVD …

Labor resources include the work done by the waiter who brings your food at a local restaurant as well as the engineer who designed the bus that transports you to school. It includes an artist’s creation of a painting as well as the work of the pilot…

procurement strategy should also be shaped with its market placement, company capabilities, and management issues in mind. The company needs the right people in place to put into action the beliefs/philosophies you want your business to be governed b…

Manufacturing companies need to know how much it costs to manufacture a product in order to set their sales price and determine if it’s producing a profit. Product costing is the process of determining the business expenses associated with the manufa…

This money received is termed as gross profit and it is inclusive of all the costs and expenses associated with the production and other related expenses. On the other hand, it is the final amount of money left with the seller after bearing all the e…

Both sub­sections and should be read together while computing the eligible deduction u/s 10B of the Act. We should not ignore sub­section of Section 10B which provides the specific formula for computing the profits derived by the undertaking from exp…

These are usually extra monthly payments on top of your minimum amount. You can set up your monthly payments as usual and then make an additional payment to go toward just your principal. Mortgages and other installment loans are are broken up into p…

The International Accounting Standards Board (IASB) issues International Financial Reporting Standards (IFRS). These standards are used in over 120 countries, including those in the European Union (EU). However, the FASB and the IASB continue to work…

The service sector is the third of the three economic sectors of the three-sector theory. The others are the secondary sector (approximately the same as manufacturing), and the primary sector (raw materials). Tertiary activities are service based and…

This is usually done by the Purchasing manager or Purchasing agent. The first step in recording Purchase Price variance is when the material is received. Usually the material is received either at the same time or before the invoice is received. Howe…