Dueling Bumper Stickers and Nike Inventory
I was confused by the two bumper stickers:Thanks for reading Accounting Accidentally!
Accounting Accidentally
Accounting and finance content- to solve problems. Also humor/short story posts. I'm a 4-time Dummies book author, speaker, and former CPA.
Latest episodes
French Fry Arguments and the Kraft Heinz Split
I love McDonald’s French fries.
Yay! No tax on tips! (Well, sort of…)
My wife and all three of my kids have worked as servers in restaurants.
Bullhorn at the Lemonade Stand and Klarna's Bad Debt Issue
I don’t think an 8-year-old boy should have a bullhorn.
Dryer Installations, Circle IPO, and Capitalization
“This installation was a piece of cake.”
Mannequin at the Weed Shop and Dividend Strategies
Is that a mannequin in the window?
Chime IPO, Gross Margin, and Competition
Chime.com filed paperwork for an initial public offering (IPO) on May 13th. Chime is fintech company with a high gross margin, but the firm is not yet profitable.Thanks for reading Accounting Accidentally!
Bitcoin at the Laundromat and McDonald’s Profitability
My dryer was being repaired, so I ran by a local laundromat for the first time in years.
The Landscaper's Music and Stock Volatility
He’s listening to classical music…
Amazon, Shipping, and Inventory Valuation
This video explains Amazon’s advantages in product distribution, and three methods of inventory valuation.
Supply Chains, Ecommerce, and Sales Mix
This video explains how supply chain disruptions impact companies, and how sales mix can help businesses maintain profitability.
Tariffs, Supply Chains, and Cost Variances
This video explains how changes to supply chains may cause labor cost variances and material cost variances.
EV Car Batteries, Asset Value, and Depreciation
This video explains why depreciation expense should be matched with the revenue generated from the asset.
Baggage Fees, Southwest Airlines, and Breakeven Formulas
This video explains why Southwest Airlines is charging fees for all baggage, and how the change impacts the company brand and the breakeven formula.
Walgreens Goes Private and the Impact of Long Term Leases
This video explains why Walgreens is going private.
CVS, Locked Cabinets, and Sales Mix
This video explains the concept of sales mix, and how a big change to CVS stores will impact sales and profits.
Stagflation, Best Buy, and Maintaining Profitability
This video explains the concept of stagflation, and how businesses use the breakeven formula to manage higher costs and lower sales.
Shein, Import Taxes, and the Breakeven Point
This video explains how a change in import duty taxes has impacted Shein’s variable costs, profitability, and margin of safety.
Tesla, Bitcoin, and New Guidelines for Valuing Assets
This video explains the new FASB rules for valuing bitcoin at fair market value, and how Tesla's earnings were impacted by the new accounting policy.
NFL Salary Cap and Deferred Tax Liabilities
This video uses the NFL salary cap to explain deferred tax liabilities and deferred tax assets.