Accounting / July 21, 2018 / Collins Barber
Two departments, Accounts Payable (what you owe) and Accounts Receivable (what you’re owed), are responsible for keeping track of money coming in and money going out of your business.
Accounting / April 19, 2018 / Nola Peterson
The APR represents the yearly real cost of a loan including all interest and fees. The total amount of interest to be paid is based on the original amount loaned,...
Accounting / April 7, 2018 / Justice Buckley
A lease is a contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use...
Accounting / August 3, 2018 / Holly Mercer
Turnover Rates. Your business’s historical turnover rates are the first step in forecasting your growing working capital needs. You need to analyze your actual income statement and balance sheet to...
Accounting / August 3, 2018 / Pearl Bailey
In this situation your choices are few – either break your lease early, or risk having your belongings tossed out on the street. There are a number of consequences you...
Accounting / August 3, 2018 / Collins Barber
The cash flow to debt ratio reveals the ability of a business to support its debt obligations from its operating cash flows. This is a type of debt coverage ratio....
Accounting / August 3, 2018 / Ariyah Lang
Suppose a business enters into a capital lease agreement for an asset worth 12,000 and agrees to pay a deposit of 1,500, leaving a balance of 10,500 to be financed...
Accounting / August 3, 2018 / Khloe Santiago
The upshot: while convertible bonds have greater appreciation potential than corporate bonds, they are also more vulnerable to losses if the issuer defaults (or fails to make its interest and...
Accounting / August 3, 2018 / Sharon Hardin
The Statement of Cash Flows (also referred to as the cash flow statement) is one of the three key financial statements that reports the cash generated and spent during a...