They could trade above or below their par value while bond traders attempt to make money trading these yet-to-mature bonds. As a result, the Apple bond pays a higher interest rate than the 10-year Treasury yield. Also, with the added yield, the bond ... Read more
Here again, no matter which situation is causing the reduction in the inventory to sales ratio, either one suggests that you are effectively managing your business's inventory levels and its cash flow. Inventory turnover also reflects the carrying co... Read more
A corporation must file Form 1120-S if it elected to be an S corporation by filing Form 2553, and the Internal Revenue Service accepted the election. For a full schedule of Emerald Card fees, see your Cardholder Agreement..... Read more
Below are some of the accounting systems we have worked with for invoice exports. We have developed numerous stand invoice export file formats. Please review all of the below to see which one will work for your accounting system. Yellow Dog Inventory... Read more
Typically, permanent accounts have no ending period unless you close or sell your business or reorganize your accounts. All income statement balances are eventually transferred to retained earnings. In accounting, a permanent account refers to a gene... Read more
It indicates that the company is in good financial health and is less likely to face financial hardships. Notice that the cash ratio is much smaller than the other two ratios. In analyzing the cash ratio, any ratio greater than 0.5 is considered good... Read more
A closed iron tank 12 m long 9 m wide and 4 m deep is to be made . Determine the cost of iron sheet used at the rate of rs 5 per meter , sheet being 2 m wide. A closed account is any account that has been closed out or otherwise terminated, either by... Read more
Take some expert advice on what receipts to keep for business taxes. Although many people keep paper records, it's also smart to have the documents converted to electronic files and stored in the cloud. Finally, remember that your state may have sepa... Read more
Assets are recorded in the journal at what they cost the business, or what the business paid to acquire them. The inventory turnover ratio indicates how many times inventory is sold and replenished during a specific period. It’s calculated as c... Read more
As a company’s assets grow, its liabilities and/or equity also tends to grow in order for its financial position to stay in balance. How assets are supported, or financed, by a corresponding growth in payables, debt liabilities, and equity reve... Read more
