Bookkeeping

22 April 2024
Published by Ha Khong on 22 April 2024
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Double Declining Balance Method of Deprecitiation Formula, Examples

The book value of $64,000 multiplied by 20% is $12,800 of depreciation expense for Year 3. In contrast to straight-line depreciation, DDB depreciation is highest in […]
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28 December 2020
Published by Ha Khong on 28 December 2020
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Times Interest Earned Ratio, Calculate, Formula

This Fed study means that the TIE ratio (ICR ratio) can also predict the probability of overall “default and financial distress” of a business, not only […]
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