What Is a Cash Flow Statement? Essential Insights
The cash flow statement is the name commonly used by practicing accountants for the statement of cash flows or SCF. We will use these names interchangeably throughout our explanation, practice quiz, and other materials. It is useful to see the impact and relationship that accounts on the balance sheet have to the net income on […]
Free Income Tax Calculator Estimate Your Taxes
SmartAsset’s interactive map highlights the counties with the lowest tax burden. Scroll over any county in the state to learn about taxes in that specific area. Also calculated is your net income, the amount you have left over after taxes or paid. Multiply the price of your item or service by the tax rate. If […]
Calculating Opportunity Cost Microeconomics
Buying 1,000 shares of company A at $10 a share, for instance, represents a sunk cost of $10,000. This is the amount of money paid out to invest, and it can’t be recouped without selling the stock (and perhaps not in full even then). When considering two different securities, it is also important to take […]
Break-Even Analysis: How to Calculate the Break-Even Point
Consider the following example in which an investor pays a $10 premium for a stock call option, and the strike price is $100. The breakeven point would equal the $10 premium plus the $100 strike price, or $110. On the other hand, if this were applied to a put option, the breakeven point would be […]
Nominal Interest Rate: Formula, What It Is vs Real Interest Rate
On the other hand, if the nominal interest rate is 2% in an environment of 3% annual inflation, the investor’s purchasing power erodes by 1% per year. Nominal interest rates exist in contrast to real interest rates and effective interest rates. Real interest rates tend to be important to investors and lenders, while effective rates […]
Bookkeeping for Truck Drivers
Fortunately, trucking accounting software can automate most tax filing based on your relevant financial data and base jurisdiction. Maintaining a general ledger allows you to monitor all your profit and loss reports in real time to avoid expensive surprises during tax time. And mobile apps on iOS and Android devices can make it easier for […]
Информация Налогового департамента Tax Department на период пандемии коронавируса COVID-19
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