She buys and uses 10 of parts and supplies, and it takes 6 hours at 2 per hour to make the improvements to each machine. Jane has yummy overhead, including rent and electricity. She calculates that the overhead adds 0.5 per hour to her costs. Thus, J... Read more
Since the lender is charging a high interest over a short period of time, the APR is much higher relative to a long-term bank loan or SBA loan. Why do we use aftertax figure for cost of debt but not for cost of equity? There is no difference between ... Read more
There are four different depreciation methods, and which you choose will depend on your business's structure and finances. The amount of accumulated depreciation for an asset will increase over time, as depreciation continues to be charged against th... Read more
Accrual accounting requires revenues and expenses to be recorded in the accounting period that they are incurred. Accrued expenses are expenses a company accounts for when they happen, as opposed to when they are actually invoiced or paid for.... Read more
An example that looks at recording accrued revenue is a marketing company that takes a new contract with an overseas company, Venture Outsourcing, to develop its marketing campaign. The two parties agree that Venture Outsourcing will pay the marketin... Read more
She most recently worked at Duke University and is the owner of Peggy James, CPA, PLLC, serving small businesses, nonprofits, solopreneurs, freelancers, and individuals. Adam Hayes is a financial writer with 15+ years Wall Street experience as a deri... Read more
Accounts payable include all of the company's short-term debts or obligations. When confirming accounts payable, your company’s auditors must take a sample of accounts payable. These majorly represent your business’s purchasing or borrowi... Read more
Every week, she puts/deposits a part of her paycheck into a separate account. The company takes account of environmental issues wherever possible. I've never been there, but it's a lovely place, by all accounts. He insisted on giving us a blow-by-blo... Read more
Students learn practical applications for macroeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events. This course provides students with the basic theories, concepts, te... Read more
Whether you need a long-term solution or tips on improving your current setup, give us a call today.... Read more
