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April 28, 2023
What is backup withholding tax? Backup withholding is tax withholding that requires a payer to withhold a certain percentage of payment to a recipient and remit […]
April 27, 2023
What are accrued expenses? An accrued expense is an accounting term that refers to an expense that a company has incurred but has yet to pay […]
April 26, 2023
What Is Leverage Ratio? A leverage ratio is a financial metric used to measure the level of debt a company uses to finance its operations. It […]
April 25, 2023
Reconciliation in accounting refers to comparing two sets of financial records or statements to ensure that they agree and are accurate. It involves comparing the balances […]
April 20, 2023
Fixed Asset Turnover (FAT) is a financial ratio that measures a company’s efficiency in using its fixed assets to generate revenue. It’s the company’s net sales […]
April 19, 2023
Operating income is a financial measure that shows a company’s profit from its operations before accounting for non-operating expenses such as interest, taxes, and other income […]
April 18, 2023
What is Imputed Income? Imputed income refers to the value of non-cash benefits received by an individual or a household in addition to their cash income. […]
April 17, 2023
In finance and accounting, “comptroller” and “controller” are often used interchangeably. However, there are subtle differences between the two roles that are worth exploring. This blog […]
April 14, 2023
In finance and accounting, numerous metrics and concepts are essential for businesses to understand to remain financially healthy and profitable. One such concept is net working […]