Upon plugging those figures into our formula, the implied D/E ratio is 2.0x. There is the only three reasons entrepreneurs need accounting and finance no universally agreed upon “ideal” D/E ratio, though generally, investors want it to be 2 or lower. These industry-specific factors definitely matter when it comes to assessing D/E. The cash ratio …
Debt-to-Equity D E Ratio Formula and How to Interpret It Read More »
The more complicated your tax situation becomes, the more likely you’ll benefit from hiring a CPA. For example, if you’re a sole proprietor with one income stream and no investments, you could probably get by with accounting software. Because accounting fees vary significantly between providers, you should shop around before committing. Ask each CPA how …
Average Cost of Tax Preparation by CPA: What to Expect Read More »
This information assists auditors, and financial analysts in evaluating a company’s financial performance and risk exposure. Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been …
Types of Contra Accounts List of Examples Explanations Definition Read More »
