Categoria: Bookkeeping

For instance, if a company has a higher fixed-costs-to-variable-costs ratio, the fixed costs exceed variable costs. Operating leverage and financial leverage are two very critical terms in accounting. Both tools are used by businesses to increase operating profits and acquire additional assets, respectively. The owners of Drain Brothers Plumbing want to know how well their…

They also contain information critical to investors and other key stakeholders in your business. With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption. With the Pro Plan, automatically import, merge, and…

It is the average annual net income the investment will produce, divided by its average capital cost. If the result is more than the minimum rate of return the business requires, that is an indication the investment may be worthwhile. If the accounting rate of return is below the benchmark, the investment won’t be considered.…

Guides, how-tos, and tips on managing your business finances Apply the Formula: Other Liquidity Calculators It takes all of your company’s current assets, compares them to your short-term liabilities, and tells you whether you have enough of the former to pay for the latter. CFI is the global institution behind the financial modeling and valuation…

To settle the charges, BF Borgers and Borgers agreed to pay a combined $14 million in civil penalties as well as permanent suspensions effective immediately, set to prevent them from handling SEC-related matters as accountants. Proven systems from QuickBooks product suite with its up to the minute software that millions of accounting professionals rely on…

We continue to offer electronic submission options for your convenience. You may want to combine or split the services based on the costs and specialties. Prior to earning his Chartered Accountant (CA) designation in 1985, Dan received his Bachelor of Arts degree from Brandon University in 1980. Early in his career, he worked in both…