Tags » Depreciation

Financial Accounting 002: Income Statement

The Income Statement reports the changes in Shareholders’ Equity due to business operations over a period of time.

(Recall that Shareholders’ Equity = Contributed Capital + Prior Retained Earnings + … 495 more words

Study

China should stop intervening in FX market and let yuan float: researcher

(Source: www.businesstimes.com.sg)

China should stop intervening in the foreign exchange market, devalue the yuan and let it float freely to restore stability, a senior researcher at a government-backed think tank said. 403 more words

Money Matters

Depreciation

Stories of people are not so interesting
Of bodies depreciated in  straight line.

The stranger on way to a cancer death
Makes a lasting story hour for  sunset. 13 more words

Poems

Beyond the Hater's Hate

Hate can mask feelings that we are truly unaware of or least conscious about. It can take several means which can go from subtle to blatant.

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We are entering a 'cold currency war'

(Source: www.businessinsider.com)

Earlier this year, we saw a transition from an old-style currency war (openly fought with negative interest rates and quantitative easing) to the “ 522 more words

Money Matters

2016 Recap: Tax Provisions for Businesses

Whether you file as a corporation or sole proprietor here’s what business owners need to know about tax changes for 2016.

Standard Mileage Rates
The standard mileage rates in 2016 are as follows: 54 cents per business mile driven, 19 cents per mile driven for medical or moving purposes, and 14 cents per mile driven in service of charitable organizations. 519 more words

Tax Planning

Boats are a Money Pit

“The two happiest days in a sailor’s life are the day he buys a boat and the day he sells it.”

If you buy a boat, new or used, expect its resale price to be well below the price you paid for. 342 more words

Ownership