Liability Definition, Accounting Reporting, & Types

Although average debt ratios vary widely by industry, if you have a debt ratio of 40% or lower, you’re probably in the clear. If you have a debt ratio of 60% or higher, investors and lenders might see that as a sign that your business has too much debt. But there are...

Prepaid Definition & Meaning

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The Terrifying Learning Curve Facing Mike Johnson

The cluster’s Crown Point Junior Music Academy also draws families from outside the neighborhood. By funneling students into these unique programs at an early age, the hope is that they would stick around and attend Mission Bay High, much like the district’s hope with...

What is an «interest-only» loan?

To find out what your payments might look like when the loan converts, use an amortization loan calculator that shows how your payments are broken into interest and principal. Finally, just because interest-only loans enable you to buy a more expensive home does...

Financial Statements Financial Accounting

Fixed assets are those assets used to operate the business but that are not available for sale, such as trucks, office furniture and other property. We all remember Cuba Gooding Jr.’s immortal line from the movie Jerry Maguire, “Show me the money! They show you where...