To help manage your business finances, we’ll explain accounting types, tasks, and frequently asked questions. Companies can use accrual basis accounting or cash basis accounting. The GAAP require businesses to use the accrual basis because it presents a more accurate picture of the company’s profitability. When a customer owes you money, it appears as Accounts Receivable (AR)… Continue reading Return on Assets ROA Formula, Calculation, and Examples
Month: March 2021
Alcohol and allergies: Does it make them worse?
The body produces antibodies, and when they encounter alcohol, they set off a systemic allergic reaction. We will also look at what causes alcohol allergies and review the differences between alcohol allergy and intolerance. This irritation stems from their ability to release sulfur dioxide gas, which can cause bronchoconstriction and inflammation in the respiratory tract.… Continue reading Alcohol and allergies: Does it make them worse?