Accountants use self-balancing accounts as part of a record-keeping system that automatically generates offsetting accounting entries. The accounting process relies on balancing entries. Companies ...

This ratio is calculated by dividing a company's total debt by its total assets. For example, if a company has $10,000 in debt and $20,000 in assets, its debt-to-asset ratio is 0.5:1. If a company ...

Fair Labor Standards Act of 1938. The Fair Labor Standards Act, signed into law by President Franklin D. Roosevelt in 1938, set a minimum wage, overtime requirements and standards for child labor ...

The 'S' in the 'S-Curve' definition stands for 'Sigmoidal', which is a mathematical term related to the way the curve is derived. You can, however, think of it as an S-shaped curve that predicts ...

The average warehouse business costs between $10,000 and $50,000 to set up. You will want to obtain some initial background information about the warehousing industry before starting your venture ...

When you start a business, you may consider taking out a loan to help cover expenses. Debt may be necessary, but you need to be very careful about taking out loans. Berkshire Hathaway does its ...

How to Conduct a Board Meeting Properly. Board meetings are an integral part of a business. These meetings inform the board members about the current condition and future strategy of a company ...

The cost of materials or product acquisitions are among the key variable product costs considered in the contribution margin. If your raw materials costs increase as a manufacturer, your ...

How to Plan for a Green Business. Responsible business owners take the environment seriously. Regardless of the size of a business, it is important to make plans that will make the company more ...

As of 2009, the minimum wage for employees is $7.25 per hour in the United States. Most employees can receive overtime pay, or one-and-one-half times their usual wage, for hours exceeding 40 ...

Perhaps the most important element of accounts receivable is tracking uncollected profits. Non-payment data is key in organizational attempts to collect on past due accounts, establish repayment ...

Why Businesses Use Search Engines. Search engines have many purposes in the business realm. Businesses utilize them for advertising purposes, the gathering of information and data, staying up-to ...