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Bookkeeping

admin April 11, 2022

If they have a favorable variance, they made money, or surpassed a target. Now that you’ve interpreted each line item, it’s time to calculate the budget variance percentages to flag any significant variances for further investigation. Either way, establishing a threshold for your budget variance helps with analysis. You can spend more time investigating and […]

admin April 5, 2022

Companies with a high equity multiplier are more sensitive to variations in the market, interest rates, and economic cycles. Consequently, these firms may be more prone to business risks, including bankruptcy. In case of an economic downturn or unforeseen financial losses, the burden of repaying the debt could jeopardize the company’s survival. If a company’s […]

admin October 8, 2021

We suggest that you discuss your specific situation with a qualified tax or legal advisor. In light of these changes, collaborating with a financial professional becomes not only advantageous but also imperative. This proactive approach to tax planning is essential for helping to optimize financial outcomes and managing tax burdens. If you would like additional […]