Carbon copying, abbreviated cc or c.c., is the technique of using carbon paper to produce one or more copies simultaneously during the creation of paper documents. With the advent of email, the term has also come to refer to simultaneously sending copies of an electronic message to secondary recipients. Originally used in business letters, the […]

A company’s total debt-to-total assets ratio is specific to that company’s size, industry, sector, and capitalization strategy. For example, start-up tech companies are often more reliant on private investors and will have lower total debt-to-total-asset calculations. However, more secure, stable companies may find it easier to secure loans from banks and have higher ratios. In […]

This example also makes it explicit that the Dollar Value LIFO method isn’t just about the physical quantity of the inventory. While implementing this method, the focus should be on the fluctuations in price levels and their impact on the inventory’s dollar value. Lastly, most financial and managerial accounting courses illustrate the Dollar Value LIFO […]