What is marginal cost? Square Business Glossary

You may wonder why this final chair costs less than than the cost per unit for 10,000 chairs. It’s important to note that changes to production costs are not necessarily …

Coefficient of determination Interpretation & Equation

In the context of linear regression the coefficient of determination is always the square of the correlation coefficient r discussed in Section 10.2 "The Linear Correlation Coefficient". Thus the coefficient …

Outsourced CFO Services For Your Business

While the text of the statements is read by the user, the main point is to truly understand and analyze them. To put this in perspective, the cost of hiring a …

How Much Do Bookkeeping & Accounting Services for Nonprofits Cost?

ContentFinancial Reports Every Nonprofit Should MonitorFollow Accounting Standards Outlined by Professional OrganizationsIf I qualify for tax-exempt status, do I still have to pay some taxes?Nonprofit Bookkeeping, Operational Support and Controller …

Best Ways to Earn Passive Income: 11 Ideas for 2023

ContentInvestment Income StrategiesApplying Sec. 1411 to CharitableWhat Are Capital Gains?Tax Implications of Investment IncomeInterest Rate Risk The tax owed on the dividends will be fully or partially covered by the franking …

Best Law Firm Accounting Software in 2023

Automations made possible by accounting software for lawyers ensure that these errors are eliminated or minimized, keeping the law firm compliant and helping to ensure that money isn’t wasted fixing …

How Much Should Accounting Cost a Small Business? Costs & Averages

ContentWhat Are the Key Responsibilities of the Finance and Accounting Departments in a Small Business?Ensure you have the right bank accounts set upLaw firm accounting vs. bookkeeping: What’s the difference?Use …