Accounting

Virtual Metaverse Plots Outpace Top Nft Collection Sales, Play

Virtual Metaverse Plots Outpace Top Nft Collection Sales, Play

However, some of the core strategies that allow a sales executive to be successful can be viewed as some of the same traits you should be implementing in your collections. That’s about $10 million more than the sales produced by the Bored Ape Yacht Club NFT collection which saw $59 million. Moreover, The Sandbox sales are much larger than the Cryptopunks NFT collection sales which captured $17 million last week. The virtual reality platform powered by the Ethereum blockchain, Decentraland […]

Rethinking Activity

Rethinking Activity

ABC showed that the true cost of certain parts that Chrysler made was 30 times what had originally been estimated, a discovery that persuaded the company to outsource the manufacture of many of those parts. Companies that produce several different products may believe that the benefits of implementing ABC will outweigh the costs. However, management must be willing to use the ABC information to benefit the company. Companies like Chrysler Group LLC have been known to try ABC, only to meet resis […]

Subscription Billing Vs One

Subscription Billing Vs One

Your customers may not feel that your range of services, in their entirety, will be useful to them. With a subscription-based model, you can have custom price plans for different levels of services. Another benefit is the ability to offer discount plans for customers who would like to pay for extended usage. If your store is located in Switzerland, then you’re charged 7.7% VAT on your relevant Shopify fees. This charge is reflected in all of your monthly bills after August 1, 2021. If you […]

Want To Be A Forensic Accountant?

Want To Be A Forensic Accountant?

Forensic accountants may be involved in both litigation support and investigative accounting . In this capacity, a forensic accountant may be asked to quantify the economic damages arising from a vehicle accident, a case of medical malpractice, or some other claim. Forensic accounting is often brought to bear in complex and high-profile financial crimes. For instance, the scope and mechanics of Bernie Madoff’s Ponzi scheme is understood today because forensic accountants dissected the sch […]

Restaurant Revenue Per Square Foot

Restaurant Revenue Per Square Foot

When comparing different store locations based on sales per sf make sure you calculate each stores square footage and gross sales the same way so you have a solid apples to apples comparison. For example if your gross sales are $350,000 and your stores square footage is 1,500 sf then your sales per sf is $233.33 ($350,000/1,500). The dollar value of sales per square foot is often used as a measure of success in the restaurant industry.
There are, of course, various types of promotional tactics […]

Rent Expense Definition

Rent Expense Definition

Contractual Rent Expensemeans, for any period, all payments due under leases of real property, whether paid or accrued in the applicable period of calculation . Rent Expensemeans, for any period, with respect to the Credit Parties and their Subsidiaries on a consolidated basis, all rent payable under an operating lease , as determined in accordance with GAAP. Expenses paid by a tenant – If your tenant pays any of your expenses, those payments are rental income. You may also deduct the expenses […]