This minimum tax ranges from $150 for sales under $500,000 to $100,000 for sales in excess of $100 million. If you were a non-resident who traveled into Multnomah County to perform work, income from the work done in Multnomah County is taxable. If you were a non-resident who traveled into Metro to perform work, income from the work done in […]
Arquivos de Categoria: Bookkeeping
Retained Earnings (RE) are business’ profits that are not distributed as dividends to stockholders (shareholders) but instead are allocated for investment back into the business. Retained Earnings can be used for funding working capital, fixed asset purchases, or debt servicing, among other things. Therefore, debt holders are not very interested in the value of equity beyond […]
They help you keep track of your purchases, organize your financial records, and ensure that you are paying the correct amount for the goods or services received. “A statement” provides a summary of transactions that occurred within a specific period and serves as an up-to-date report that does not legally bind clients to make payments. […]
Revenue expenditures, on the other hand, are typically referred to as ongoing operating expenses (OpEx), which are short-term expenses that are used in running the daily business operations. Company B’s brand-new research facility, for instance, would be a capital expenditure. The costs of running the machinery in it, on the other hand, would be revenue expenditures. […]
You can figure out your contribution margin ratio by taking the contribution margin per unit and dividing it by the sales price. Therefore, given the fixed costs, variable costs, and selling price of the water bottles, Company A would need to sell 10,000 units of water bottles to break even. A key component of performing […]
You can figure out your contribution margin ratio by taking the contribution margin per unit and dividing it by the sales price. Therefore, given the fixed costs, variable costs, and selling price of the water bottles, Company A would need to sell 10,000 units of water bottles to break even. A key component of performing […]