If done on your computer you need the .tax2014 file and the desktop software. If you do not have the desktop software even if you get a free download it is possible the software is not up to date and thus opening your return can
It measures how liquid the inventory is and how long it takes to generate cash from the inventory. A lower days sales in inventory ratio indicates a higher liquidity and a faster inventory turnover. The days sales in inventory ratio is calculated by dividing the
They’re used to correct bill charges mistakes and maintain track credit memo example of the amount due on a specific bill and client. Your name and address and a list of products, prices, quantities and purchase date are all included in credit memo format. Typically,
A variation on this method is the 150% declining balance method, which substitutes 1.5 for the 2.0 figure used in the calculation. The 150% method does not result in as rapid a rate of depreciation at the double declining method. You have purchased a piece
Unlike the traditional income statement that categorizes costs as either cost of goods sold or operating expenses, the contribution format statement focuses on identifying costs that vary directly with sales levels. This helps in calculating the “contribution margin,” which is the revenue remaining after variable