Describe the term Operating Expenses
Describe the term Operating Expenses in business accountancy?
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Operating Expenses: For running industry or profession, we require operating expenses. Such expenditures are paid for day to day office lighting, rent, salary, insurance premium, Internet bill, travelling expenditures and lots of other expenses for sales and research. It as well comprises the depreciation on fixed assets.
Return on Assets (ROA): It is an indicator of how gainful a company is associative to its net assets. ROA provides an idea as to how proficient management is at employing its assets to produce earnings. Computed by dividing a company's annual earnings
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Mutual funds that hold both bonds and stocks. Some asset-allocation funds follow specified allocation percentages and others take advantage of current condition. Those that take advantage of current condition is higher risk, because the fund manager tries to adjust the allocations to take advanta
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Average Profit Method: (Goodwill method): The profit earned by an organization throughout previous accounting periods on an average basis is termed as average profit. Goodwill is computed on the basis of average profit due to prospect expectations of
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Write down the pre-requisites to apply Budgetary Control?
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