Author: Anfisa Dmitrieva

Whether the business executive decides to continue with the project or cancel it, the costs spent for the nine months of operation cannot be retrieved. This should be irrelevant to the decision because only future costs and potential revenues should …

Symbols allow the human brain continuously to create meaning using sensory input and decode symbols through both denotation and connotation. Personology confers a multidimensional, complex, and comprehensive approach to personality. The biological ba…

A tax exemption is the right to exclude all or some income from taxation by federal or states governments. Most taxpayers are entitled to various exemptions to reduce their taxable income, and certain individuals and organizations are completely exem…

Your hourly wage of 20 dollars would end up being about$41,600 per year in salary. Now let’s consider the case where you get paid 26 dollars an hour, but you get an additional 2 weeks of paid vacation. Your hourly wage of 26 dollars would end up bein…

A sunk cost is a cost that an entity has incurred, and which it can no longer recover. Sunk costs should not be considered when making the decision to continue investing in an ongoing project, since these costs cannot be recovered….

You’ll typically pay a fee for a cashier’s check to the bank, with the average fee at the nation’s largest banks hovering around $10. As with many other bank services, stop payments typically come with a fee. Here’s what you can expect to pay at some…

Therefore, investors tend to rely on dividends in much the same way that they rely on interest payments from corporate bonds and debentures. If people were used to getting their quarterly dividends from a mature company, a sudden stop in payments to …

However, it can also be calculated by taking the beginning balance of retained earnings, adding thenet income(or loss) for the period followed by subtracting anydividendspaid to shareholders. Due to the nature of double-entry accrual accounting, reta…

Currently, the Social Security tax is 12.4% — half of which is paid by the employer, with the other 6.2% paid by the worker through payroll withholding. For Medicare, that tax is a combined 2.9%, split between the employee and employer. (Self-employe…

If you’re turned down for unsecured credit, you may still be able to obtain secured loans. But you must have something of value that can be used as collateral….