Discover how the retail inventory method simplifies store inventory valuation with easy calculations, cost-to-retail ratios, and examples for effective inventory management.

The goal of accounting is to produce fair and accurate statements about a company's financial performance and condition. An underlying principle of accounting is to connect the expenses that are ...

In contrast to the traditional taxable income-based method of calculating tax expense, under financial accounting standards, corporate income tax expense is instead derived from liability for current ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

If you seek regular income, you know that dividends are a must-have. Likewise, dividend growth rates are a key indicator of whether a company is financially healthy enough to keep paying them. You can ...

A new computational method now makes it possible to calculate the forces between large molecules with unprecedented accuracy.

New methods to more accurately estimate long-term flood risk are being devised by researchers. The researchers are examining the possible causes of floods and how they interact with each other. This ...

When the time comes to monitor emergence and development, consider the role heat measurement standards called growing degree days (GDDs), or growing degree units, play in the process. People think in ...

Many software testing tools include a statistic known as the McCabe cyclomatic complexity metric in their reports. The term itself is a bit confusing, as the metric isn't specifically about code ...