To compare Bank of America’s P/E to a peer, we calculate the P/E for JPMorgan Chase & Co. (JPM) as of the end of 2017. Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. Ask a question about your financial situation providing as much […]
For over 25 years, our CPAs and financial advisors have built lasting partnerships with our clients to help them meet their financial goals. We are dedicated to your financial success and work to customize our accounting services for franchisees to meet your operating expenses vs sganda specific needs and goals. We are committed to the […]
The best visa option for foreign entrepreneurs looking to move to Singapore and incorporate a company is the EntrePass, also known as the Entrepreneur Pass. This visa is specifically designed for foreign entrepreneurs who want to start a business in Singapore. It allows the entrepreneur to relocate to Singapore and operate their company. Types of […]
To look at a simple example of a debt to equity formula, consider a company with total liabilities worth $100 million dollars and equity worth $85 million. Divide $100 million by $85 million and you’ll see that the company’s debt-to-equity ratio would be about 1.18. A low debt to equity ratio means a company is […]
Halfway through the year, she decides to order a further 30 at $15, then another 20 lipsticks, at $20 each, at the end of the year. Lisa’s stock now consists of 90 lipsticks, and by the end of the period, she sells 15 of them. If Robert uses LIFO to determine the cost of his […]
However, doing so means that you will spend significantly less time on data entry and will provide more efficient and accurate bookkeeping services. The bank feeds provide examples of key journal entries a complete picture of the transactions in the bank, although they need to be reviewed for accuracy through regular reconciliations. Start by collecting […]
I could click on this folder image to access a “create new folder” form. It had fields where I could name the folder and choose where it would be stored in “my cabinet,” allowing me to add a new top folder or create a subfolder to another existing folder. To begin, I filled out a […]
When a company purchases inventory for cash, one asset will increase and one asset will decrease. Because there are two or more accounts affected by every transaction, the accounting system is referred to as the double-entry accounting or bookkeeping system. Examples of assets include cash, accounts receivable, inventory, prepaid insurance, investments, land, buildings, equipment, and […]
It also reveals the status of your orders and inventory so you can attend to customers’ needs. QuickBooks Online is a cloud-based accounting platform while QuickBooks is a desktop program that provides additional inventory management features. Although QuickBooks Online is a great cloud-based accounting platform, it isn’t the only one. The app has most of […]
This takes an even closer look at the liquidity situation, as only the most liquid funds are compared to the current liabilities. These are the liquid funds that are available to the company very quickly, which is an advantage if an unexpected higher sum has to be paid at short notice. Liquidity ratios provide information […]