Every time a customer uses a credit or debit card in your store, a fee is charged by the cardholder’s bank, such as Wells Fargo or Chase. This fee can vary greatly, depending on the cards being used by your customers. When Square processes a t... Read more
Because their components are highly liquid, their value is highly stable. Like mutual funds, you generally receive proceeds from a sale the next business day. Cash equivalents are typically investments that have short-term maturities of less than 90... Read more
From the borrower’s perspective, secured lines of credit typically come with a higher maximum credit limit and significantly lower interest rate than an unsecured credit line. Credit card debt is a type of unsecured liability that is incurred... Read more
An accountant may charge an hourly rate when a company or individual needs their services on a short-term basis, such as when performing an audit or requesting assistance setting up a financial database or process. Hourly rates can range as widely as... Read more
This typically ranges from about 60% to 70% of base salary for a short-term disability policy and between 40% and 60% of base salary for a long-term policy. Disability insurance is intended to replace your income if something happens that makes you... Read more
If the same business used $2.5 million of its own money and $2.5 million of borrowed cash to buy the same piece of real estate, the company is using financial leverage. A business steers $5 million to purchase a choice piece of real estate to build... Read more
Introduced in 2007, the LCDX is an index of 100 LCDS obligations that participants can trade. The index provides a straightforward way for participants to take long or short positions on a broad basket of loans, as well as hedge exposure to the mark... Read more
The storage unit cost represents the highest share of capital cost for these three storage technologies. Levelized cost of energy is one of the utility industry's primary metrics for the cost of electricity produced by a generator. ] which incorpora... Read more
Any NRI or a person of Indian origin can hold deposits in an approved currency in which they earn their income. FCNR accounts are often called FCNR accounts where the stands for banks. These accounts hold deposits in Indian rupee denomination. The m... Read more
Your accountant can help look at the “big picture,” examining how all your financials are interrelated and affect your company. And in today’s higher interest rate environment, our finance and accounting teams have been helping clie... Read more
