Alternatively, a company undergoing restructuring might offer to convert preferred shares into common stock, potentially at a favorable conversion rate, to alleviate the burden of dividend arrears. From the perspective of preferred shareholders, dividend arrears represent a deferred income, which…

The board of directors annually makes the decision to declare and pay dividends to shareholders. If nothing is declared or paid, the cumulative shareholders don’t get a payment for the year. Furthermore, the dividend payouts to preferred shareholder behave like bonds,…

The expense incurred by producers when creating more than one product or process is referred to as the joint cost. These costs include labor, materials, and overhead for the joint product's manufacture. Almost every manufacturer uses joint cost allocation to…

Companies normally use common costing information in managerial decisions, but this type of cost tracking is particularly useful for external accountants. Production costs remain universal, or common, until a split-off point where the product undergoes different processes. For example, an…

If you want to run payroll as many times as you need without having to pay extra, we recommend any of the other providers included in our guide, all of which offer unlimited pay runs. Gusto is the best payroll…

The great thing about using this app is that it files your taxes for you. Every time you run payroll, the solution files your tax sheets with the right federal or state agencies. The software keeps track of tax changes,…

If you entered the average price per trip and entered all your expenses as expenses per week, for you, the BEP is the number of trips you must make per week. If you sell a service and want the BEP…

Instead of forcing things to go the way you want, sometimes you must step back and rethink your core business functions. That can mean returning to the drawing board and breaking down how everything works. That’s one of the reasons…

This is especially true for assets with no fixed lifespan, like a brand name. Whether a company is building a new franchise, investing in research and development, or buying intangible assets do not include: a copyright from another company, the…

We, at CapActix, believe in leveraging the diverse range of portfolios to sharpen our niche in delivering the best Accounting Outsourcing Services. Our business models & Accounting Solutions are designed in such a way that they can add an extra…