Showing 40 Result(s)
Net income

Net Income: Definition and Explanation

Net income can be used to calculate a company's profitability and evaluate a company's ability to pay dividends or repurchase shares. It can also be important in determining whether a company is eligible for support…

Net Revenue

Net Revenue: Definition and Formula

Gross revenue tells you how much money the company made from transactions, net sales tells you the profit after making deductions. Deductions include expenses such as cost of goods sold, sales tax, shipping costs, etc.

Cost of Goods Sold (COGS)

Cost of Goods Sold (COGS): What you need to know

In business, cost of goods sold (COGS) is one of the most important expenses a company must track. Cost of goods represents the total cost of materials and labor used to produce inventory. When assessing profits and losses, it is important…

Gross revenue

Total Revenue: Definition and Explanation

Total revenue is one of the most important indicators for the success of a business. It's a metric that measures how much money a company makes from sales, and it's essential to gauge how profitable a company is. …

Earnings per share (EPS)

Earnings Per Share: The Basics

Earnings per share (EPS) is one of the most basic metrics of profitability. It shows how much profit an organization has generated per share outstanding. Although the dilution number is of interest, it is the base number…

Tax accounting

Tax Accounting: Definition and Explanation

Tax accounting refers to the process of preparing and filing tax returns, ensuring compliance with tax laws and regulations, and maximizing tax benefits. Let's find out more details with Johnson's Blog through the following article. What is the tax accountant? Tax accounting is…

Cash accounting

Cash Accounting: Definition and Explanation

Cash accounting records business transactions in which cash has been received or paid. This means that income and expenses are generally recognized based on the amount of cash received (or paid) rather than the amount of assets or liabilities associated with it.

Double-entry accounting

Double-entry Accounting: Meaning and Usage

In double-entry accounting, each business transaction is recorded as a debit to one account and a credit to another. This system allows businesses to track the balances of all their accounts at any given time,…

What is accrual accounting?

Accrual Accounting: Definition and Explanation

Under accrual accounting, businesses recognize revenues when they are earned and expenses when they are incurred. This accounting system allows businesses to more accurately track their cash flow and financial position. One of the main benefits of…

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