QuickBooks Payroll allows you to input an employee’s direct deposit details while running payroll and even change pay methods—from direct deposits to paychecks and vice versa. Note, however, that you need a subscription to QuickBooks Payroll&rs... Read more
While EXIM Bank's analytical approach for project finance is different from the traditional export finance approach, many of EXIM Bank's requirements remain the same. Typically, PF is used for capital intensive infrastructure investments that employ... Read more
Conversely, if the Time period is monthly/quarterly, the Interest rate should also be converted according to monthly/quarterly frequency. As we can see that EMI will remain the same and with each repayment of monthly installment, Outstanding Loan Am... Read more
Bylaws are created by the board of directors when the corporation is formed. Your bylaws should include provisions for electing and appointing officers, and to specify whether or not these officers will be board members and what responsibilities the... Read more
In a publicly listed corporation's financial statement, there is an accrued expense for the interest that is paid to bondholders each quarter. Companies elect to make provisions for future obligations whose specific amount or date is unknown. It's v... Read more
Although CAPM’s assumptions are obviously unrealistic, such simplification of reality is often necessary to develop useful models. The true test of a model lies not just in the reasonableness of its underlying assumptions but also in the valid... Read more
Bonds and money-market instruments may generate lower returns than stocks. But for those who need money in the near future, conservative investments make more sense, because there's less chance of suffering a devastating short-term loss. What if our... Read more
The Bureau of Labor Statistics (BLS) projects that jobs for bookkeepers, accountants, and auditing clerks will decline by 5% from 2021 to 2031. However, the profession will still add 197,600 openings annually to fill roles held by retirees or job cha... Read more
The costs and fees are spread too thin with APR calculations for loans that are repaid faster or have shorter repayment periods. For instance, the average annual impact of mortgage closing costs is much smaller when those costs are assumed to have b... Read more
Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases. The value in this card is all in the rewards rate, so there's no sign-up bonus or 0% period for purchases. A credit card cash a... Read more
