Cost basis is calculated by eliminating any kind of commissions that would normally be included in what was sold or what was paid. Find out why commissions don’t factor into cost basis calculations with help from two accountants in this free video on business calculations and accounting.
Expert: Spencer Cottam & Jeannine Smith
Bio: Spencer Cottam and [...]
In order to calculate efficiency ratio, examine the cost of power being put out and divide that by the cost of putting power in. Find out how home appliances can have different efficiency ratios with help from two accountants in this free video on business calculations and accounting.
Expert: Spencer Cottam & Jeannine Smith
Bio: Spencer Cottam [...]
When calculating a capitalization rate, look at the rate of return of property that is well-produced on an owner’s investment. Analyze which deals are the best for a company by calculating capitalization rate with help from two accountants in this free video on business calculations and accounting.
Expert: Spencer Cottam & Jeannine Smith
Bio: Spencer Cottam and [...]
Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 8 Accounting and Cash Flow
Question:
“Why is a good understanding of accounting important for running your own business?”
Maureen Costello
Wholesale Distributor
Topics covered in this video:
Understanding business accounting, cash flow, taxes, loans
Transcript:
I think that if an entrepreneur doesn’t have a good understanding of accounting there will be a very high [...]
