Shows various accounting formulas

Given various asset and liability entries, this determines various calculations that can be made from the balance sheet.

Given a chain discount and an original price, this calculates the total discount and net cost price.

Given a sales price, cost, and set of payments, this determines the gross profit per year based on the cost recovery method.

Given inputs of sales, fixed costs, variable costs, depreciation, and taxes, this will determine EBIT and Net Income and Profit Margin

Calculates Variable Cost per Unit, Total Fixed Cost, and Cost Volume using the High-Low Method

Given a sales price, cost amount, installment payment amount and term, this will show the accounting for the Installment Payment method.

Takes accounting entries using the FIFO (first in first out) and LIFO (last in first out) inventory methods.

Calculates inventory turnover ratio and average inventory

Given a sales price, total costs, and costs per period, this determines the gross profit to date using the percentage of completion method.

Given Net Sales, Beginning Accounts Receivable, and Ending Accounts Receivable, this determines Average Accounts Receivable, Receivables turnover ratio, and Average Collection Period.

Calculates the effective rate of interest earned from a vendor discount for a prepayment of a balance within a certain amount of days for a percentage discount