Overview of the 5-Step DuPont Analysis The 5-step DuPont Analysis expands on the 3-step model by further dissecting the net profit margin into three additional components: tax burden, interest burden, and EBIT margin. The full formula can be expressed as: ROE=Tax Burden×Interest Burden×EBIT Margin×Asset Turnover×Equity Multiplier Get Online Accounting Tutoring for Graduate Students Components […]
Differences between Accrual basis and a Cash basis The key differences between accrual basis and cash basis accounting are fundamental to understanding how financial transactions are recorded and reported. Each method has its own approach to recognizing revenues and expenses, which can significantly affect the financial statements of a business. Here’s a breakdown of the […]
Course material is not always enough In order to achieve academic success, it is crucial to have a thorough understanding of course material. However, possessing knowledge of the content is not always enough to perform well on exams. Many students find themselves struggling to decipher the questions on exams, despite having studied the material thoroughly. […]
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Distinguishing Accounts Payable and Accounts Receivable Let’s talk about Accounts Payable (AP) and Accounts Receivable (AR). Imagine these as two buckets: one for money you need to give (Accounts Payable) and another for money you’ll get (Accounts Receivable). It’s like having a piggy bank, but a bit more grown-up. Let’s break it down with smiles […]
What are Creditors in Accounting Who is a Creditor? Definition A creditor is someone who provides goods, services, or money with the expectation of being repaid later. It’s like lending money to a friend, but in the business world, there are formal agreements about paying back, with added details like interest and payment schedules. There […]
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How to Learn Maths for Real Life Application Math is super important, both in school and for jobs. But how we learn math can be really different for each person. Some like learning with examples, while others prefer to just get the big idea. Why Math Matters Knowing math is super useful. It helps us […]
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In today’s competitive academic environment, students and professionals alike often find themselves pondering, “Should I use private tutoring services?” This question is particularly relevant in the face of challenging coursework, exams, or even professional development needs. Here, we explore the pros and cons of private tutoring to help you make an informed decision. Advantages of […]
Key Differences Between Income Statement, Cash Flow Statement, and Balance Sheet In financial accounting, three fundamental financial statements – the Income Statement, the Cash Flow Statement, and the Balance Sheet – provide critical insights into a company’s financial health. Each of these statements serves a unique purpose and offers different information about the company’s financial […]
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In the evolving landscape of education, online tutoring has emerged as a vital tool, particularly in specialized fields like accounting. With the rise of e-learning platforms such as Preply, students and professionals alike are discovering the myriad benefits of online accounting tutoring. This article explores how online tutoring in accounting can enhance your learning experience […]
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