Inventory Value Study Sheet

Use this Smartacus Study Sheet to understand how to find the value of inventory and cost-of-goods-sold. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference. Continue reading

Days Sales Outstanding or DSO

The days sales outstanding ratio is a part of your financial toolbox. This interactive tutorial explains the concept by walking you through the calculations, putting the ratio into its proper context. It’s great for checking your homework answers, too! Continue reading

Cost of Goods Sold Overview: Study Sheet

This Smartacus Study Sheet will help you to understand how to find cost-of-goods-sold and the value of inventory. Explore definitions and methods (including Average Cost Method, LIFO, and FIFO). It also prints for easy reference. Continue reading

Average Daily Balance

The Average Daily Balance is the total of the balance at the end of each day during a period divided by the number of days in the period. Learn how to calculate average daily balance (ADB) in this tutorial. Continue reading

Finding the Mode of a Data Set

Basic statistics are a part of your business toolbox. This tutorial shows you how to find the mode of a data set using your own numbers. Continue reading

Finding the Median of a Data Set

This tutorial shows you the step-by-step process of how to find the median of a data set using your own numbers. It also shows how this process differs, depending on having an even or odd number of values in your data set. Continue reading

Finding the Mean of a Data Set

Basic statistics are a part of your business toolbox. This tutorial shows you the step-by-step process of how to find the mean of a data set using your own numbers. Continue reading