Category Archives: Bookkeeping

We Answer: What Are Expense Reimbursements? And Other FAQs

The lower the expense ratio the better because an investor receives higher returns on their invested capital. The Fidelity Contrafund (FCNTX) is one of the largest actively managed funds in the marketplace, with an expense ratio of 0.39% ($39 per $10,000 invested). This fund is much expense check meaning more highly weighted toward communication services […]

Expert Bookkeeper in Chicago Small Business Accounting Services

We’re a highly engaged, small business payroll company near Chicago, Illinois. We’re an accountant near Chicago Illinois that serves small businesses across the United States, and while we serve any types of small business, here are just a few of the industries we specialize in. Our 75-point review highlights what needs improvement for better accuracy and […]

Gross Profit Margin Formula, Example, and Interpretation

For example, analyzing gross profit can help identify areas for cost control, such as negotiating better deals with suppliers or optimizing production processes. Management checks gross profit margins to evaluate how efficiently the company is producing. They expect it to increase, or at least stabilize over time, which indicates they have succeeded in increasing or […]

What is straight-line depreciation: Formula & examples

The net of the asset and its related contra asset account is referred to as the asset’s book value or carrying value. Since depreciation is not intended to report a depreciable asset’s market value, it is possible that the asset’s market value is significantly less than the asset’s book value or carrying amount. The accounting […]

Coupon rate: Understanding the Coupon Rate: A Guide to Fixed Rate Bonds

Offers a couple of select manufacturer coupons for Splenda products. As of this writing, they are offering $1.50 off new Splenda coffee creamer and $1 off Splenda sweetener. The Colgate special offers page will email you selected manufacturer coupons. Visit Coupons.com on Sundays and the first of the month when new coupons have been released. […]

Accounting Sacramento City College

The Accounting degree is designed to provide the knowledge necessary for immediate employment at an entry or intermediate level accounting, recordkeeping, or clerk position with many private sector and government organizations. The degree is also designed to provide an excellent base of knowledge for those who would like to pursue an advanced degree in accounting, […]

How to Calculate Variable Cost: A Step-by-Step Breakdown

Understanding how to calculate cost per unit and its proper implementation is crucial for any business’s success and growth. Analyzing fixed and variable costs, and employing various calculating methods enable businesses to make informed decisions on pricing, production, and profitability. This guide has brought you every single detail that will help you master cost per […]