Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal…
There are specific IRS rules for rental properties that must be followed to avoid paying taxes on phantom income. Real…
According to Bloomberg, around $163 billion worth of inventory is trashed each and every year. Seeing such brutal wastage of…
These are easy to identify, and can be split into three distinct categories. For transactions that the software cannot automatically…
However, because the company only spent $50,000 of their own money, the return on investment will be 60% ($30,000 /…
Contingency planning is not about predicting every possible challenge but being prepared to respond effectively when challenges arise. It’s about…
Your balance sheet is a snapshot of your company’s financial health at a specific point in time. Equity represents the…
Or, it may be larger in earlier years and decline annually over the life of the asset. A company estimates…
However, when the season is over, the current ratio would come down substantially. As a result, the current ratio would…
It’s essential to compare the AP turnover ratio with industry benchmarks or historical data to assess performance relative to peers…
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