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Could a Guess Buyout Happen?

August 28th, 2014

Guess (GES) tanked 7.7% after hours on Wednesday after a disappointing report that included downbeat guidance. Meanwhile, competitor Express (EXPR) did much better with investors after its latest report. However, that might not mean that Express offers the better investment opportunity right now. While the clothing retail business remains very promotional, Express still managed to turn itself
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10 Best Free Business Accounting Software For Freelancers And Small Businesses

April 24th, 2014

Are you a freelancer or small business owner looking for an application that can help you with everyday accounting tasks? If so, you will surely benefit from business accounting software that you can readily download for free. To help you out on which application to use, we have listed ten of the popular choices available:
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The Value of Virtual Outbound Telemarketing

April 3rd, 2014

Outbound telemarketing refers to companies who hire telemarketers who proactively make phone calls

Six Business Services Which Are Always Worth Paying For

March 13th, 2014

Businesses services can be described as non-core business processes; basically, processes or work that support the operations of a business but does not produce a tangible commodity, for example, accounting, marketing and receptionist services. While such services are extremely important, the first contact a potential client usually has with a business after their website is
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Amazon.com: How AWS And Amazon Prime Will Drive The Company’s Future Growth

February 19th, 2014

With the growing demand of cloud services, Amazon (AMZN) is expanding its reach with Amazon Web Service, or AWS. The company recently entered into a deal with ChinaNetCenter to provide AWS cloud service in China. ChinaNetCenter is a leading integrated service provider of Internet data center, or IDC, and content delivery network, or CDN, in
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Occidental Petroleum: Streamlining Operations For Future Growth

February 19th, 2014

Occidental Petroleum (OXY) decided to sell a minority stake in its Middle East and North Africa, also known as MENA, operations. The deal could amount to a 40% stake in MENA that could be worth $8 billion to $10 billion. Three state-owned firms in the Gulf have shown interest in picking up the stake and
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Is Seadrill Well Positioned To Take Advantage Of The Offshore Drilling Market?

February 19th, 2014

Seadrill’s (SDRL) offshore assets in deepwater and ultra-deepwater drilling continue to be a major advantage. The drilling units used in dee-water and ultra-deepwater drilling are called floaters, consisting mainly of semi-submersible and drill ships. Seadrill has around 15 semi-submersible and seven drill ships operating globally. The company has ordered another eight drill ships and four
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What Does an Actuarial Analyst Do?

November 22nd, 2013

Many companies are awash in various finance types who summarize and present all sorts of financial information. Large corporations and companies in certain industries (insurance, financial sector, accounting firms) commonly have another role in finance for actuarial analysis. So what do actuarial analysts do? The actuarial analyst is a role typically used in a company
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Assets vs. Liabilities

November 22nd, 2013

Business discussions with your company accountant will almost certainly end up involving comments about either assets or liabilities, and if you’re lucky both! Assets are what the company owns and liabilities are what the company owes, easy. If we count everything in the office and then add up all our unpaid bills we know all
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Analytical Methods

November 22nd, 2013

The selection of the appropriate analytical methods and techniques for assessing a business, or your investment, is crucial to correctly assessing the performance. Businesses generate all sorts of financial and non-financial information and simply choosing what exactly you want to assess can be incredibly difficult. Analyzing both your own business and an investment opportunity involve
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Capital Leases vs. Operating Leases

November 22nd, 2013

Many companies at some point lease an asset as an alternative to purchasing the asset out right, sounds straightforward right. Well…lease accounting can get a bit more complicated and the two alternatives for accounting treatment are substantially different. The accounting treatment for capital and operating leases is as follows: Capital Lease: The company is required
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LLC vs. Corporation

November 22nd, 2013

When deciding to set up a small business many people hear that they should set up a S Corporation or a LLC (Limited Liability Corporation). Picking the right one for you can save you a lot of time and hassle down the road. Here are a few things to consider in making your choice. S
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Accounts Receivable and Inventory Operational Metrics

November 8th, 2013

Accounts receivable and inventory are two important accounts for a company in terms of how both accounts can have a significant impact on the cash balance and working capital in a company. High inventory and AR balances can be a bad thing for a company if they are not considered in terms of sales and
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How Can an Accounting Coordinator Help an Organization?

November 8th, 2013

The role of Accounting Coordinator is one that more and more organizations are choosing to add to their finance group or team. The Accounting Coordinator is typically a role for someone to assist the accounting group in a variety of tasks including: Liaising with business groups in the organization Providing a second level review that
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What’s the Right Accounting Certification for Me?

November 7th, 2013

For someone whoâ s decided to enter the accounting professions the sheer number of options from an educational perspective can be daunting. While the Certified Public Accountant (CPA) designation remains the most prevalent in the US there are a number of other designations that are growing in popularity. These specialist designations recognize that different types
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Accounting Salaries – What’s the Going Rate?

November 7th, 2013

Knowing what to pay, or be paid, for different accounting positions can be pretty tricky. Accounting salaries can vary from city to city and from role to role. Combine that with the fact that there are all sorts of different types of accountants and figuring out what the typical salary is can be difficult. Accountants
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What is the Absorption Rate?

November 7th, 2013

The absorption rate is a fundamental component of absorption cost accounting, or the inclusion of all costs related to a product being attributed to it. Absorption costing is required for external reporting and applies all of the direct costs and a portion of a companyâ s overhead costs (electricity etc.) to the actual products that
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Guide to Principle Accounting Concepts

October 30th, 2013

Accounting can seem overwhelming at times with all the terminology, concepts, and rules that make it a full time job to understand. This quick guide will highlight some of the main principles of accounting, and help you understand things a bit better the next time your accountant calls. Types of Financial Statement Accounts & Statements
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Why are Accounting Ethics Important?

October 30th, 2013

The discussion of accounting ethics has declined in recent years as the Enron and WorldCom debacles have receded from memory. Furthermore, the perceived excesses and criticism of the Wall Street crowd during the financial crisis has further pushed something as unglamorous as accounting ethics out of the public eye. Recent events have, if anything, reinforced
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Accounting Methods. There’s More than One.

October 30th, 2013

There are two different basic methods under which accounting can be performed. One is the cash basis, under which all accounting is done on a purely cash basis. The other is the accrual basis, under which companies make provisions for liabilities they have incurred and amounts due to them. This article will walk through the
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