Debt to Asset Ratio: Definition & Formula
If both companies have $1.5 million in shareholder equity, then they both have a D/E ratio of 1. On the surface, the risk from leverage is identical, but in reality, the second company is riskier. The result means that Apple had $3.77 of debt for every dollar of equity. It’s important to compare the ratio with that of other […]
Rankings and Ratings of the Best Accounting Franchises
Late payments can create cash flow woes for your companies and cause you undue stress. You’ve got enough to worry about running multiple businesses, so FreshBooks lets you build in late fees to encourage clients to pay every last dollar you’re owed on time. Include the details of your late fee policy in your invoice […]
QuickBooks Online Review 2024: Features, Pros & Cons
As a business grows and the HR requirements increase, the offerings at the Premium and Elite levels may align better. Access your account via the cloud for up to 25 users with the Online version, and pay an additional fee per user, up to 40 users, for cloud access with Desktop. What used to be […]
Amortization vs Depreciation: What’s the Difference?
Amortization of prepaid expenses is an accounting process used to spread the cost of a prepaid expense over the period of time that the expense will benefit the company. This process is used to match the cost of the prepaid expense to the period in which the company will receive the benefit from the expense. […]
11 4 Accounting for Research and Development Financial Accounting
Elimination of uncertainty — Companies will have to document and report the purpose of the research. It must show that the research must eliminate uncertainty concerning a product’s development or improvement. These developments will significantly impact company balance sheets across the country. In the last few years, legislation has made significant changes to the way […]