What is a purchase discount?
The effect of this is to deceive the consumer into believing they are getting a bargain, making them more likely to purchase an item. A discount offered by a company to employees who buy its products. For example, on October 28, 2020, the company ABC Ltd. receives a discount of 2% on the $3,000 amount […]
Full-Time vs Part-Time vs. FTE: What You Need to Know
Content What About Seasonal Workers and FTE Calculations? What Does FTE Mean? What is FTE (full-time equivalent) What is the FTE schedule, and how does it differ across the countries? Greater Performance Review The full time equivalent, often abbreviated as FTE is an indicator that reflects an employee’s productive capacity. An FTE of 1.0, for […]
Learn Double Declining Balance Method of Depreciation with examples
As an alternative to systematic allocation schemes, several declining balance methods for calculating depreciation expenses have been developed. There are two depreciation methods for calculating accelerated depreciation. The double-declining balance method and the sum of the years digits (SYD) method. While you don’t calculate salvage value up front when calculating the double declining depreciation rate, […]
