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Bookkeeping

3 2 Calculate a Break-Even Point in Units and Dollars Principles of Accounting, Volume 2: Managerial Accounting

Once we reach the break-even point for each unit sold the company will realize an increase in profits of $150. A negative break-even point occurs when a company’s total costs exceed its total revenues at all levels of production or sales. A negative break-even point can be a significant problem for a company, as it …

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Intangible Assets In Balance Sheet: Classification, Recognition, Measurement & More

First, the entity does not have to absorb an ongoing amortization charge to reflect the ongoing consumption of the value of these assets, since the entire cost was charged to expense up front. Also, the accounting standards state that a sudden loss in the value of an asset can trigger an impairment charge, which can …

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Ten Key Management & Bookkeeping Services Portland, Oregon’s Premier Management & Bookkeeping Services Firm

BooXkeeping offers affordable and accurate bookkeeping services for small and medium-sized businesses in Portland and the surrounding areas. From start to finish, our clients can expect responsive and trustworthy servicing of their accounts. Through precise recording and organization of your company’s financial information, we always guarantee accurate statements. Relying on our expertise to assess the …

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