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Workers using the guidebook should also check updates posted at the state Division of Workers’ Compensation website. Per DWC’s September 1, 2021, newsline, as of October 1, 2021, trials, lien trials, expedited hearings, and SAU trials will resume in person at all DWC district offices. DWC’s mission is to minimize the adverse impact of work-related injuries on California employees and employers. Julia Kagan has written about personal finance (more…) […]
Non-recurring items are not always easily identifiable, as they can appear in different places on an income statement. Sometimes, non-recurring items are added to operating expenses, especially if they are closely connected to company operations . However, if the non-recurring item has a significant effect on the company’s finances, it is listed net of tax on a separate line below net income from continuing operations. Items related to new or discontinued operations, gains or losses due t […]
MPT is a standard financial and academic methodology for assessing the performance of a stock or a stock fund as compared to its benchmark index. To avoid any confusion, note that deviation risk measures, such as variance and standard deviation are sometimes called risk measures in different fields. Analyze portfolio risks—The most serious project risks are communicated to the Portfolio Governance Team at a portfolio governance meeting or portfolio review meeting. The Portfolio Governance Team […]
We are looking for the total gross earnings, or \(GE\), for the telemarketer over the biweekly pay period. Although this phrase has many interpretations in different industries, for some people this phrase means that they get paid based on the quantity of work that they do. For example, many workers in clothing manufacturing are paid a flat rate for each article of clothing they produce. No new mathematics are required for this commission type. You must combine salary calculations, discussed ea […]
You typically have many cash receipts during the day for toy, books and candy. You keep track of your sales in your cash register every day and then manually post the day’s transactions at the end of the day. At the close of business today, you are ready to review your day’s business and make the appropriate entries in your accounting records. As these accounts are posted, the account number is entered into the post reference column. In the subsidiary ledger, the post reference is & […]
Overhead costs may include office supplies, insurance, office rent, mileage, drawing and printing, and communication expenses. The completion form describes the scope of work by stating a definite goal or target and specifying an end product. However, in the event the work cannot be completed within the estimated cost, the Government may require more effort without increase in fee, provided the Government increases the estimated cost. Renewal for further periods of performance is a new acquisit […]
In other words, the investor will receive interest payments from a premium-priced bond that are greater than could be found in the current market environment. Bond prices are worth watching from day to day as a useful indicator of the direction of interest rates and, more generally, future economic activity.
But as you can see in Figure 1, each Treasury bond has a different yield, and the longer the maturity of the bond, the higher the yield. When inflation expectations rise, interest rates ri […]
Depending on the circumstances, therefore, resolving this company’s financial problems might involve debt restructuring, a cost-cutting drive and/or asset sales. The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues. EBITDA is a measure of a company’s financial performance and profitability, so relatively high EBITDA is clearly better than lower EBITDA. Managers can use EBIT to compare t […]
To import the data, you have to update the Dancing Numbers file and then map the fields and import it. Depending on the payment method, one may also want to record supplementary information, like the check number. Here’s an example of how your journal entries may look. Depending on the payment method, you may also want to record additional information, like the check number. Learn financial modeling and valuation in Excel the easy way, with step-by-step training. A retainer fee is an upfr […]
More conservative firms seem to assess larger charges than less conservative firms, and this affects reported earnings. In recent years, we have been witnesses to the strange phenomenon of recurring nonrecurring expenses, i.e., nonrecurring expenses that show up year after year in a firm’s financial statement. This would suggest that some firms are taking advantage of the looseness in the distinction to classify operating expenses as nonrecurring expenses. Unlike IFRS, a (more…) […]
