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Operating Cash Flow or OCF is determined by the amount of cash that a company generates during the regular operating period. OCF starts with net income that is taken from... Read More
Cash drives company operations and a lack of cash will ultimately render a company bankrupt. Thus, cash is required in order to pay for any expenditures such as employees... Read More
The accounting cycle is defined as the process of analyzing and recording the accounting of a specific company. It is usually a relatively simple 8-step process that happens... Read More
Retroactive pay or retro pay is defined as compensation that is added on to your paycheck in order to compensate any previous payments that have fallen under. Retro pay differs... Read More
Return on equity is classified as a ratio that enables investors to calculate how proactively their company is using shareholder’s money. In essence, a return on equity... Read More
All companies need a profit and loss statement, no matter what the size of your company is. You need to submit them quarterly and annually, so the best option is to understand... Read More
You may find that once you’ve got a credit card, everyone is giving you different advice on how you should use it. Most people get a credit card and find that it can... Read More
You may have been hearing from Credit Collection Services, who are demanding money from you and wondering why this is the case. Credit Collection Services, commonly known... Read More
Wakefield and Associates is a debt collection agency. This means that they are known for purchasing unpaid debts from creditors or have been hired by one of your creditors... Read More
When the pandemic began, the Small Business Administration (known as the SBA) announced a Paycheck Protection Program (known as the PPP loan) which was meant to benefit small... Read More
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