Bookkeeping

Please appreciate that there may be other options available to you than the products, providers or services covered by our service. It’s important to build credit by successfully managing both revolving and installment credit accounts. When you pay off an installment loan, it reduces your credit mix, which can technically hurt your credit score. In

Please appreciate that there may be other options available to you than the products, providers or services covered by our service. It’s important to build credit by successfully managing both revolving and installment credit accounts. When you pay off an installment loan, it reduces your credit mix, which can technically hurt your credit score. In

Due to the perpetual nature of preferred stock, the fixed periodic dividends form a perpetuity. Where the preferred stock dividends grow at a constant rate g, its value equals the present value of a growing perpetuity. Preferred equity prices tend to mimic bond prices more than common stock prices. Like with bonds, the relationship between

This type of stock is subject to redemption risk and has a higher dividend to compensate for it. The formula for the cost of preferred stock is similar to the perpetuity formula due to its unamortized nature. That means that you collect $5,000 in dividend income on your $100,000 investment every year. What Is the

Preferred stock is a special kind of stock traded on the exchange that acts similar to a bond. Like bonds, preferred stocks are usually purchased for their income potential, not necessarily their growth. Companies must examine the cost of preferred stock, or any source of funds because it represents the cost of raising money. For

A company that has a quick ratio of less than 1 may not be able to fully pay off its current liabilities in the short term, while a company having a quick ratio higher than 1 can instantly get rid of its current liabilities. For instance, a quick ratio of 1.5 indicates that a company

It’s important to pay attention to job costing, as it can allow project managers and supervisors to accurately budget for future projects and determine how to improve estimates. We work with the most commonly used expense tracking, bidding, and construction accounting software on the market. And if the software you use is not something we

After all, if you’re charging only for hours worked without accounting for materials and overhead costs, you aren’t making money; you’re losing it. The formula for computing the departmental predetermined manufacturing overhead rates is presented in Exhibit 2-7. Job order costing helps you calculate the entire cost of the job in a step by step.

By using electronic payment systems, a company can streamline its payment processes and make payments more quickly and efficiently. This means that instead of issuing slower means of payment such as a check that may have to be processed and mailed early in order for it to be received in time. However, a low DPO

As an accounting firm, we specialize in other financial tasks, such as tax, management consulting, mergers and acquisitions. It is all dependent on your specific accounting needs. We help clients with a wide range of accounting services, including tax preparation, bookkeeping support, and general accountancy. Our tax specialists listen to our clients very carefully  to find opportunities that our