A corporation with 5,001 authorized shares or more is considered a maximum stock corporation. The annual report fee is $50 and the tax would be somewhere between $200 and $200,000 per year, as illustrated below. If the Delaware Franchise Tax calculation uses the assumed par value capital method, the gross assets and issued shares are […]

We even consider it the best for tracking freelance income and filing tax returns in our guide to the best accounting software for freelancers. To see what it can do for freelancers and solopreneurs, check out our review of QuickBooks Online Self-Employed. Moving up to the Essentials Plan, you’ll pay $16.50 per month for the […]

Other options include forensic accounting, cash flow management, strategic business planning, and tax preparation, planning, and problem-solving. Our firm is skilled in handling complex financial data that could form the cornerstone of your future economic strategies. Our experts can provide tax preparation services or work with your CPA to determine the best financial plan for […]

Employee compensation structures can also include semi-variable costs. For instance, a salesperson’s pay structure may have a fixed salary as well as a variable component in the form of commissions. Similarly, executives may receive fixed salaries and variable bonuses based on performance. Let’s assume that it costs a bakery $15 to make a cake—$5 for […]

The goal for a business is not necessarily to have the lowest possible ratio. “A very low debt-to-equity ratio can be a sign that the company is very mature and has accumulated a lot of money over the years,” says Lemieux. “It’s a very low-debt company that is funded largely by shareholder assets,” says Pierre […]

Nurture and grow your business with customer relationship management software. Given the Cost C of an item is $125.00 and the desired Gross Margin G is 75%, calculate Revenue R, Gross Profit P and Mark Up. This calculator shows the steps in solving the formulas to arrive at the calculated values for Revenue, Gross Profit […]

Manufacturing overheads used in calculating conversion costs are the overheads that cannot be attributed to the production process or a single unit in production, for example, rent or electricity. In the Peep-making process, the direct materials of sugar, corn syrup, gelatin, color, and packaging materials are added at the beginning of steps 1, 2, and […]

The FIFO method is more accurate, but the additional calculations do not represent a good cost-benefit trade off. Only consider using the FIFO method when costs vary substantially from period to period, so that management can see the trends in costs. For the shaping department, the materials are 100% complete with regard to materials costs […]

The investing activities section shows the business used a total of $33.8 billion in transactions related to investments. The financing activities section shows a total of $16.3 billion was spent on activities related to debt and equity financing. The first step in preparing a cash flow statement is determining the starting balance of cash and […]

For small businesses starting on a shoestring, sources of capital may include friends and family, online lenders, credit card companies, and federal loan programs. Debt is a loan or financial obligation that must be repaid in the future. It has an interest expense attached to it, which is the cost of borrowing money. The cash received […]