Amortization and depreciation are two important accounting terms that are used to account for the amount of a long-term asset or liability used to compute its...
For those of you who are not familiar with the Mid Quarter Convention method, it is a method of deprecating property for tax purposes. The primary...
The company’s reported direct labor costs include the total number of employees who are employed by the company (the direct labor force), the hours worked by...
The main purpose of any business is to make profit. The main and only thing that will keep a business profitable is the profit. The main...
When you think about selling your car in California, the first thing that probably comes to mind is high taxes. However, the second thing you probably...
In a previous post, we showed how much the efficiency of a given business unit varies over time. We would like to look at the same...
A dictionary definition is a concise, authoritative, and detailed explanation of a word or phrase. It usually consists of several paragraphs that explain the word’s meaning,...
Investing can be a great way to build wealth and achieve financial independence. One of the biggest mistakes that people make when trying to understand investment...
Is Branded Surveys legit? They claim to be a new survey company that will benchmark your businesses success and make sure you get compensated fairly. There...
A treasurer is a person who maintains the books of an organization. For example, if the president and CEO of a company were to go on...