Content Accounting for Direct Costs vs. Labor Hours Examples of Mixed Costs in a Service Business Semi-Variable Cost: Definition and Examples Definition of Mixed Costs In that case, it can use regression analysis to estimate the total cost at various production levels. For example, if a company pays $1,000 in rent and $400 in utilities …
Cash flows that are up to ten years into the future are much less certain than one that will happen in the next 12 months. This ratio considers the projections from the most recent years as a more valuable resource than the ones that are at the end of the forecast period. The key difference …
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Content Useful Items Example of depreciation The modified accelerated cost recovery system (MACRS) 3 Explain and Apply Depreciation Methods to Allocate Capitalized Costs When to Use Straight-Line Depreciation My Account Fundamentals of Amortization of an Intangible Fractional Period Depreciation (DDB) In cases like these, the accountant may opt for the units-of-output method. For example, a …
Content New here? Not sure where your financial journey should be headed? Premium Vs. Discount Bonds Watch It: Bonds Issued at a Discount Want to go beyond Discount vs Premium Bonds? What Is a Bond Discount? Examples of Premium Bonds Disadvantages of Discount Bonds If the yields and maturity dates are the same, bonds that pay …
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Though some benchmarks are set externally (discussed below), ratio analysis is often not a required aspect of budgeting or planning. For example, if the average P/E ratio of all companies in the S&P 500 index is 20, and the majority of companies have P/Es between 15 and 25, a stock with a P/E ratio of …
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Content What Is a Personal Accountant? Company You’re selling a business Should I Hire a Personal Accountant? Why Hire an Accountant for Yourself or for Your Business A good accounting system helps you make forecasts, evaluate profitability, and set reasonable prices. Tracking budgets, predicting trends, determining the breakeven and monitoring costs and expenses are all …
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Content How Long Does an IRS Tax Audit Take? File What happens when you agree with the audit results? Eggshell & Reverse Eggshell IRS Audits Read more about Tax Audits in our FAQ library: TAX RETURN AUDIT PROCESS Although there is a low chance of the IRS issuing this, an Offer in Compromise settles your …
How Far Back Can The IRS Audit Your Tax Returns? Tenenbaum Law, P C. Read More »
A returned check is one that the bank does not typically accept, usually because they do not have enough money in the check writer’s account to cover the payment. A bounce check, as opposed to a nonsufficient fund, or NSF, is one of the ways to describe this situation. If you have a checking account, …