Most companies sell their products on credit, for the convenience of the buyers and to increase their own sales volume. The term bad debt refers to outstanding debt that a company considers to be ...

Let's face it: Even the best budgets can't always predict your actual expenses. Things happen. Unexpected costs arise. That's life. That's why it's so useful to review your budget after a project is ...

Calculate annual % change by dividing start by end value, raising to inverse years, minus one, times 100. Ex: a drop from $15M to $10M over 2 years is a 18.4% average annual decline. This calculation ...

The cost of investing has come down dramatically over time, as commissions have fallen so far that it's easy to buy and sell shares cheaply. Yet there are other trading costs beyond brokerage ...

Saving money isn’t just a good habit—it’s the foundation of long-term financial success. Whether you’re just starting out or have been mindful... Read More... Why Focusing on Your Savings Percentage C ...

Multiple factors affect the calculation of withholding by the percentage method, including an employee's marital status and the number of withholding exemptions the employee noted on his W-4 form.

Your income statement shows you how much money you received during the year and how much money you paid out in expenses during the year. Before you get to your net profit, you need to include your ...

Review budgets post-project to understand expense variances and improve forecasting. Calculate over-budget percentages by subtracting budgeted amounts from actual costs. Analyze specific items in your ...

Calculating how far a number has declined from one year to the next is pretty easy if you are only considering a one year period. You subtract the current year's number from last year's number, then ...