US dollar USD Exchange Rates

The U.S. dollar was first designated as the world’s currency in the 1944 Bretton Woods Agreement, and it is the most powerful currency in the world. The strength of the U.S. economy supports the dollar’s use as a global currency. CPI relative to 1982–1984 and the annual year-over-year change in CPI is shown at right. Among the…

A Detailed Guide To Retail Accounting

Some of the most beneficial tools include inventory and retail accounting software. The retail method of accounting is a popular valuation strategy for retail stores primarily because of its simplicity. If you use a flat markup rate across all products, then you can calculate your ending inventory cost without counting it. The weighted average cost…