What Is a Good Debt Ratio and What’s a Bad One?

The following D/E ratio calculation is for Restoration Hardware (RH) and is based on its 10-K filing for the financial year ending on January 29, 2022. Of note, there is no “ideal” D/E ratio, though investors generally like it to be below about 2. Certain sectors are more prone to large levels of indebtedness than […]

Best Online Accounting Degrees 2024

While some businesses opt for an in-house or staff bookkeeper, online bookkeeping typically provides the same service at a fraction of the cost. Boasting over 25,000 small businesses served, Bench https://www.bookstime.com/ is an experienced digital bookkeeping solution. Collective centers many of its services around S corp formation, making it ideal for startups that want to […]

7 2 Master Budgets Managerial Accounting

Some firms may not use one or another of the budgets, but most use some form of all of them. Companies use​ financial budgeting to facilitate planning and control within a business firm so that they can manage the financial aspects of their business and plan for new product expansion in the future. Creating a direct […]