Bookkeeping

We use the long term debt ratio to figure out how much of your business is financed by long-term liabilities. If it goes up, that might mean your business is relying more and more on debts to grow. Sara is…

We use the long term debt ratio to figure out how much of your business is financed by long-term liabilities. If it goes up, that might mean your business is relying more and more on debts to grow. Sara is…

Salespeople are paid a commission only if they sell products or services, so this is clearly a variable cost. All types of commissions, including splits and overrides, can be classified as variable costs. Variable costs are directly tied to a…

The ultimate goal of NRV is to recognize how much proceeds from the sale of inventory or receipt of accounts receivable will actually be received. For this reason, one of the primary drivers of NRV is collectability. This relates to…

The principal is returned at the end of a bond's term, known as its maturity date. In secondary markets, bonds may be sold for a premium or discount on their face value. Therefore, although you might've paid $1,000 for your…