Roger Jellison

Roger Jellison
Roger is a seasoned finance and accounting professional with 8 years of public accounting and over 25 years of private company experience in a broad range of industries including manufacturing, distribution, technology (software, hardware, and telecom), construction, and services.

A Guide to Bookkeeping: Skills, Salaries, and Careers

An online course may be complementary to a larger study in accounting or to coursework on entrepreneurship. There are many reasons a learner could benefit from understanding bookkeeping skills. You can learn bookkeeping for free and at a low cost through online courses. These courses focus on bookkeeping fundamentals to help improve ...

Read More

8 ways to increase cash flow

This is a tactic that often encourages your customers to pay you early on, which will effectively improve your cash inflows. Especially for small businesses, using invoicing software can help you organise and register all of your sales. This is the first step towards improving your business cash flow. All will appear on the statement […]

Read More

Variable Cost: What It Is and How to Calculate It

Whether a firm makes sales or not, it must pay its fixed costs, as these costs are independent of output. While it usually makes little sense to compare variable costs across industries, they can be very meaningful when comparing companies operating in the same industry. They denote the amount of money spent on the production […]

Read More

NPV Formula Learn How Net Present Value Really Works, Examples

Once the free cash flow is calculated, it can be discounted back to the present at either the firm’s WACC or the appropriate hurdle rate. The payback method calculates how long it will take to recoup an investment. One drawback of this method is that it fails to account for the time value of money. For […]

Read More

What are Retained Earnings? Guide, Formula, and Examples

Instead, they reallocate a portion of the RE to common stock and additional paid-in capital accounts. This allocation does not impact the overall size of the company’s balance sheet, but it does decrease the value of stocks per share. On the other hand, though stock dividends do not lead to a cash outflow, the stock […]

Read More

Formula for Inventory Turnover in Excel

The ultimate objective is for the purchasing and sales departments of a company to work in harmony. This guarantees that demand is not only high but also satisfied. In the end, inventory turnover ensures that you are not overbuying inventory and spending excessive amounts of money to keep it in stock when no one wants […]

Read More