Yield to maturity is similar to current yield, which divides annual cash inflows from a bond by the market price of that bond to determine how much money one would make by buying a bond and holding it for one year. Yet, unlike current yield, YTM acc... Read more
Net asset value is commonly used to identify potential investment opportunities within mutual funds, ETFs or indexes. One could also use net asset value to view the holdings in their own portfolio. To invest in any of the aforementioned assets, an i... Read more
For both people and businesses, some items are simply too expensive to buy outright. Or, depending on interest rates, it might be preferable to finance at least part of a purchase so you aren’t locking up all of your money at once. Liabilities... Read more
The following working capital example is based on the March 31, 2020, balance sheet of aluminum producer Alcoa Corp., as listed in its 10-Q SEC filing. Other receivables, such as income tax refunds, cash advances to employees and insurance claims. I... Read more
When you pay more taxes (i.e., withholding taxes or estimated taxes) than the amount of taxes determined to be due an overpayment may be generated on your account. An overpayment may also be generated if you are entitled to a refundable credit that e... Read more
A class of shares is a type of listed company stock that is differentiated by the level of voting rights shareholders receive. Two of the primary types of stock are common shares, representing the majority of shares available across the market, and... Read more
If you apply for checking account overdraft protection, the bank is likely to pull your credit since overdraft protection is a line of credit. If you fail to restore your account to a positive balance in a timely manner following an overdraft, you c... Read more
Regulators, recognizing the importance of more and timelier data, have shortened the period for reporting year- or quarter-end financial statements and have increased the information companies must disclose. It is important to note that, if appropri... Read more
Similarly, if you have a lot of money saved for a down payment, you may be able to get a conventional loan even if you have less than perfect credit. Loan servicers can offer some flexibility on FHA loan requirements to those who have suffered a ser... Read more
The flat rate is scheduled to phase down to 4.7 percent in 2024, 4.4 percent in 2025, and 4 percent in 2026. 1002, a bill to accelerate previously planned individual and corporate income taxA corporate income tax (CIT) is levied by federal... Read more
