Do banks have working capital?

July 9, 2024 No Comments

A: The concept of working capital does not apply to banks since financial institutions do not have typical current assets and liabilities such as inventories and accounts payable. Also, it is very hard to determine current liabilities for banks, because banks typically rely on deposits

Do dividends go on the balance sheet?

June 30, 2024 No Comments

A: Cash dividends offer a typical way for companies to return capital to their shareholders. The cash dividend affects the cash and shareholders’ equity accounts primarily. There is no separate balance sheet account for dividends after they are paid. However, after the dividend declaration and

Do dividends go on the balance sheet?

July 7, 2024 No Comments

Do dividends go on the balance sheet?

July 9, 2024 No Comments

Do plane tickets get cheaper closer to the date of departure?

June 30, 2024 No Comments

A: The price of flights usually increases one month prior to the date of departure. Flights are usually cheapest between three and seven weeks prior to departure. This answer has some exceptions, notably the winter holidays. If the trip is planned during a holiday, the

Do plane tickets get cheaper closer to the date of departure?

July 7, 2024 No Comments

Do plane tickets get cheaper closer to the date of departure?

July 9, 2024 No Comments

Do production costs include all fixed and variable costs?

July 9, 2024 No Comments

A: In economics, production costs involve a number of costs that include both fixed and variable costs. Fixed costs are costs that do not change when output changes. Examples include insurance, rent, normal profit, setup costs and depreciation. Another name for fixed costs is overhead.

Does a capital expenditure (CAPEX) immediately affect income statements?

June 30, 2024 No Comments

A: A capital expenditure, or CAPEX, is considered an investment into the business. The money spent is not immediately reported on the income statement; rather, it is treated as an asset on the balance sheet. A CAPEX is deducted over the course of several years

Does a capital expenditure (CAPEX) immediately affect income statements?

July 7, 2024 No Comments

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