Note: The following examples and supporting information has been excerpted from the 13th edition of Tom West’s book the 2003 Business Reference Guide, published by Business Brokerage Press. The ...

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Businesses use the high-low method of accounting when they want to accurately calculate the variable and fixed costs for a certain amount of sales.

Regardless of whether you are aware what it is or you have never heard of it before, you should read our list of 6 facts about stack ranking: methodology and examples. Ever since we were in ...

Should a small business use a cash or accrual accounting method? A CPA answers with examples.

The ratable accrual method is a formula for determining income on investments as it's accrued rather than paid and is often used for income tax purposes.

Examples of the Cash & Accrual Method. There are two main types of business accounting methods: cash and accrual. In general, small-business owners have the option to choose which one to use.