What Is A Contra Asset Account? Definition, Types, Example, And More
The contra asset account can also be combined with a current inventory account, allowing a financial analyst to determine the current market value of the company's inventory. This type is paired with the asset account, which allows a business to reco...
How To Calculate The Break
Break-even point is the point where revenues equal the total of all expenses including the cost of goods sold. The break-even point in dollars of revenues is equal to the total of the fixed expenses divided by the contribution margin per unit....
Days Sales In Inventory Ratio
The days of inventory on hand is a measure of how quickly a business uses up the average inventory it keeps in stock. Investors and financial analysts use the days of inventory on hand as a tool to assess how efficiently a company manages its invento...