NRV: The Net Realizable Value and How to Calculate It.

What Net Realizable Value Is and How to Calculate It What is the formula for calculating cost of goods sold? The cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold by a company. This amount includes the cost of the materials used in production, the labor costs … Read more

Reading Into Total Enterprise Value (TEV).

The term “Reading Into Total Enterprise Value (TEV)” is used to describe the process of analyzing a company’s financial statements in order to determine its total enterprise value. This value is then used to compare the company to others in its industry in order to determine its relative value. The first step in the process … Read more

What are provisions?

The provisions of a company are made up of the resources that form it and that have been acquired through an obligation. Thus, the definition of provisions is the capacity that companies have to save and store their resources from the accounts of the passive. In addition, these resources will be stored until the moment … Read more