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Bench is proud to offer bookkeeping services to businesses across the United States. We are here to help you streamline your accounting needs efficiently and effectively. With online bookkeeping services and real human support, Bench is the expert financial solution your business deserves. We’re as reliable as the Tower Bridge, so you can focus on growing your business. Some of our recent success stories is a company that was more...Read More

Some of the costs of production are fixed, meaning they do not change when the number of units produced increases or decreases. Examples of fixed costs include rent, insurance and property taxes. Incremental cost is the difference between the total expenditures required to produce a given number of units and the total expenditures a business incurs to produce those units plus one. Sensitivity analysis and assumptions play a crucial role...Read More

For instance, the Fed announced two emergency rate cuts in March to help combat the negative economic impact of the coronavirus. These rate cuts resulted in a decrease in the federal funds rate, which in change lowered the prime rate and the interest rate for many consumer financial products. The FOMC meets eight times a year to set the target federal funds rate range as part of its monetary policy. The...Read More

The result will be a present value cash settlement that will be less than the sum total of all the future payments because of discounting (time value of money). An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time. This variance in when the payments are made results in different present and future value calculations. Present value is...Read More

Moreover, marketable securities can come in the form of equity securities (e.g. ETFs, preferred shares) and debt investments (e.g. money market instruments). Marketable securities are typically included in the cash and cash equivalents line item, the first line item on the current assets section of the balance sheet. Cash reserves help deal with unforeseen challenges, act quickly on attractive acquisition opportunities, or settle financial obligations. Where to find a company’s...Read More