Fixed Asset Turnover Ratio Explained With Examples

Content Understanding asset turnover Example of How to Use the Asset Turnover Ratio Asset Turnover Ratio Explained Video Explanation of Asset Turnover Ratio The Asset Turnover Ratio: An Important Ratio for Small Businesses Formula for Asset Turnover Ratio Limitations of Using the Asset Turnover Ratio Strong companies invest in assets that deliver a high return […]

Inflation rose in August amid higher prices at the pump

Content How Do I Calculate Percentage Change? How to find the percentage change between negative numbers? Formula and Calculation of Percentage Change Percentage Change Can You Calculate the Percentage Change of Percentages? Example of Calculating Percentage Change What is the percentage change from 5 to 20? Moreover, percentage change can be positive or negative, while […]

Notes on Basics of Accounting for Partnership

Content Chapter 2: Accounting for Partnership: Basic Concepts Special Aspects of Partnership in Accounts Get Started Nature of Partnership Account Partnership Accounting After that salary and interest allowances are subtracted from Net Income, and the result is Remaining Income, which is divided equally in accordance with the partnership agreement. Distributions to partners may be extracted […]

How to Get More Retirement Income From Your 401k

Though it may not seem like much of a distinction, there may be considerable differences between the two when considering what interest is accrued. Ordinary annuities are more common, but an annuity due will result in a higher future value, all else being equal. Use this calculator to find the future value of annuities […]

How to File an Extension for Taxes Form 4868

Content File How much do you have to make to file taxes? Make a payment IRS Free File: What It Is, How It Works State Tax Extensions The IRS calculates this penalty as 5% of your unpaid taxes for each month your tax return is late. After 60 days, the minimum penalty goes up to […]

Net Income Formula + Calculator

Content Importance of Net Income for Businesses Gross profit vs. net income Net Income and Business Taxes What is a Good Net Income? Net income and financial statements c. No additional common stock was issued and dividends of $14,400 were paid during the current year. b. Net income (loss) Next, subtract any cost of goods […]

Bad Debt Overview, Example, Bad Debt Expense & Journal Entries

The provision for doubtful debts is also known as the provision for bad debts and the allowance for doubtful accounts. Because no significant period of time has passed since the sale, a company does not know which exact accounts receivable will be paid and which will default. So, an allowance for doubtful accounts is established […]