Think of retained earnings as savings, since it represents the total profits that have been saved and put aside (or “retained”) for future use. This number is the sum of total earnings that were not paid to shareholders as dividends. The major and often largest value assets of most companies are that company’s machinery, buildings, which of the […]
The requester has the option of requesting from the central or parent organization, at its principal office, inspection or copies of group returns filed by the central or parent organization. The central or parent organization must fulfill the requests in the time and manner specified in Special Rules Relating to Public Inspection and Special Rules […]
We first select the cash flow range (C5 to E5) and then select the range of dates on which the cash flows are realized (C32 to E32). Excel has three functions for calculating the internal rate of return that include Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR), and Internal Rate of […]
If the company issues only annual financial statements and its accounting year ends on December 31, the amortization of the bond discount can be recorded on the interest payment dates by using the amounts from the schedule above. In our example, there is no accrued interest at the issue date of the bonds and at […]
This article outlines 7 major areas of testing for rubber, elastomers and polymers in general, broken down into 30 individual test methods and procedures. For more information on any of the instruments featured in this article, follow this links at the bottom of the page. Science backs up the concepts behind using a rubber duck […]
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