business
Why is payback period inferior to NPV?
The payback period method has some key weakness that the NPV method does not. One is that the payback method doesn’t take into account inflation and the c...
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Business
business
How long is trade credit typically given?
Trade credit is usually offered for 7, 30, 60, 90, or 120 days, but a few businesses, such as goldsmiths and jewelers, may extend credit for a longer peri...
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business
Does refinancing count as buying a house?
From the IRS: Refinanced home acquisition debt. However, the new debt will qualify as home acquisition debt only up to the amount of the balance of the ol...
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business
Can a title loan mess up your credit?
Does a Title Loan Affect My Credit Scores? In most cases, a title loan won’t have any impact on your credit scores. That can be good and bad. For starters...
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business
What does underwriting mean in insurance?
Insurance underwriters are professionals who evaluate and analyze the risks involved in insuring people and assets. Insurance underwriters establish prici...
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business
How much is a 2001 penny worth today?
Most 2001 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The...
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business
What happens when a company announced dividends?
The news of dividend being announced increases the price of the stock. Once the dividend is distributed, the traders then sell the shares and earn good pr...
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business
How do I report a hardship withdrawal from my 401k?
How does a 401(k) withdrawal affect your tax return? Once you start withdrawing from your 401(k) or traditional IRA, your withdrawals are taxed as ordinar...
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business
What does a pro forma statement include?
In financial accounting, pro forma refers to a report of the company’s earnings that excludes unusual or nonrecurring transactions. Excluded expenses coul...
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business
Can I deduct home office expenses on 1120s?
You can deduct the costs of a home office if you are filing a Schedule C. The S corporation can pay you rent for the home office. The S corporation can pa...
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