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Physical inventory. Physical inventory is a process where a business physically counts its entire inventory. A physical inventory may be mandated by financial accounting rules or the tax regulations to place an accurate value on the inventory, or the business may need to count inventory so component parts or raw materials can be restocked ...
Free cash flow. In financial accounting, free cash flow (FCF) or free cash flow to firm (FCFF) is the amount by which a business's operating cash flow exceeds its working capital needs and expenditures on fixed assets (known as capital expenditures). [1] It is that portion of cash flow that can be extracted from a company and distributed to ...
A quire of paper is a measure of paper quantity. The usual meaning is 25 sheets of the same size and quality: 1 ⁄ 20 of a ream of 500 sheets. Quires of 25 sheets are often used for machine-made paper, while quires of 24 sheets are often used for handmade or specialised paper of 480-sheet reams.
Inventory control or stock control can be broadly defined as "the activity of checking a shop's stock". [1] It is the process of ensuring that the right amount of supply is available within a business. [2] However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business's ...
6 Free Budget Template Spreadsheets. There are many fish in the sea, and we promise there’s a budget spreadsheet out there for you. Here are our picks based on budgeting personality types one ...
Cash and cash equivalents (CCE) are the most liquid current assets found on a business's balance sheet. Cash equivalents are short-term commitments "with temporarily idle cash and easily convertible into a known cash amount". [1] An investment normally counts as a cash equivalent when it has a short maturity period of 90 days or less, and can ...
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