ADP RUN articles

You’ll see a transaction for the interest payment, and you’ll notice that your account balance increases. You can either spend that money or keep it in the account so it continues to earn interest. When you let someone else (like a bank) use your money, you extend credit and get paid interest. The amount you pay or receive is typically quoted as an annual rate, but it doesn’t have to be.

When the banks earn money, they pass a portion of that revenue to you in the form of int […]

Additionally, businesses should also consider the impact of seasonality on gross sales and plan accordingly. Another challenge of tracking gross sales is to ensure that all sales are properly recorded and reported. This requires businesses to have a reliable system in place to track sales and ensure that all sales are properly documented. Additionally, businesses must also be aware of any changes in the tax laws that may affect their gross sales calculations. Take note of your most popular pro […]

By obtaining a small business loan, entrepreneurs can invest in areas to boost their gross revenue. Gross revenue refers to the total income a business generates from sales or services before making any expenses or deductions. Thus, gross profit is more accurate than gross revenue of how a business that sells goods performs. In other words, it’s the amount of money a company brings in from its customers through selling its products and/or services. Gross revenue retention measu […]

Different types of goods can also be categorized into either inferior, normal, or luxury. Goods can be anything from merchandise, supplies, raw materials to already completed products. All items that are movable and are sold to a particular buyer.

The demand for normal goods is positively correlated with income levels. Demand for normal goods increases as income levels increase, and demand decreases as income decreases. The demand for inferior goods is inversely related to income levels. Dem […]

It should support the company’s ability to meet its financial obligations, maintain financial stability, and enable sustainable growth. Comparing a company’s ratio to industry peers, historical performance, and industry averages can provide valuable insights to determine what is considered favorable within a specific sector. The debt to asset ratio is calculated by dividing a company’s total debts by its total assets. As a rule of thumb, investors and creditors often look for […]

Minimizing returns can be a great way to improve your net sales – start by tackling returns fraud and offering store credit as an alternative to refunds. You could also introduce new products or service lines that don’t require any additional investment in assets, thereby opening new revenue streams to your business. It’s important to note that asset turnover ratio can vary widely between different industries.

It is the ratio between the net sales of a company and the average of i […]