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Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...

Engineers and designers commonly use electric motors to power hydraulic pumps. In some cases, the motor and pump are set up in a direct drive configuration. In others, they are connected using an ...

Benjamin Franklin famously said that nothing is certain in life except for death and taxes. Taxes are so certain, in fact, that people and businesses pay them almost every day without even realizing ...

Direct labor costs and indirect headcount algorithms can provide business owners and managers with an important tool for financial analysis. Both of these cost valuation systems are used as a means to ...