If you need to sell your 4 percent bond prior to maturity you must compete with newer bonds carrying higher coupon rates. These higher coupon rate bonds decrease the appetite for older bonds that pay lower interest. This decreased demand depresses th... Read more
These are the costs a company pays for holding inventory in stock before it is sold to customers. Macgregor Company completed its first year of... Stan Conner and Mark Stein were discussing the... Sales reported on the income statement totaled... Whe... Read more
The difference between gross profit and net profit is when you subtract expenses. In other words, your net profit margin is your business's overall profitability, accounting for all fixed expenses and overhead.... Read more
Then, apply the following formulation when you want to calculate an estimated value for a rental property. This method is only used when there are not sufficient comparable sales needed to estimate the site value . Allocation is most dependable when ... Read more
Outside of academia, Julius is a CFO consultant and financial business partner for companies that need strategic and senior-level advisory services that help grow their companies and become more profitable. The cost of direct materials used in the ma... Read more
A high accounts receivable turnover ratio can indicate that the company is conservative about extending credit to customers and is efficient or aggressive with its collection practices. It can also mean the company’s customers are of high quali... Read more
However, you get to claim a deduction for a portion of this when you file your tax return. You calculate these employment taxes on a Schedule SE attachment to your personal tax return. That said, if you do owe substantial self-employment tax, remembe... Read more
You’ll also be able to manage accounts receivable and payable easily through this software. That said, in order to access your books online, you’ll have to purchase the cloud version of Express Accounts, which isn’t free and current... Read more
There are numerous accounting certifications or qualifications that can be pursued before you have a college degree. Most of them require you to get a degree at some point, but you can take a qualifying exam and move toward certification before your ... Read more
Thus to reflects this in the Financial statement of the Business, Depreciation is treated as an expense and is calculated in monetary terms. There are two types of depreciation methods which are used in Finance. These are “Straight-line depreci... Read more
