How Much Does Bookkeeping Cost?

Full-time bookkeepers keep track of all day-to-day operations, financial reporting, cash flow, tax filing, credit card accounts, customer invoices, monthly transactions, and much more. Ideally, hire part time bookkeepers when…

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Working Capital Ratio Formula Example Calculation Analysis

A negative working capital usually means that your company does not have enough cash to cover its short-term payment obligations such as payroll taxes, short-term expenses, and debts. Working capital—also…

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How Dividends Influence Retained Earnings Balance

Future taxable amounts will increase taxable income in coming years and, consequently, raise taxes payable in future years. This helps investors in particular get a snapshot view of the profitability…

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