State Income Tax Rates, Brackets, Deductions, & Exemptions
Georgia has a state and local tax rate slightly above the national average, resulting in a moderate tax burden for residents. However, the state's diverse economy and relatively lower cost…
REFM Real Estate Financial Modeling Online Course
Also, see our financial modeling resources and commercial real estate resources. Our Real Estate Financial Modeling Course also includes very detailed and advanced cash flow waterfall modeling between General Partners (GPs)…
Tax Credit for Energy-Efficient Windows: What Homeowners Should Know
You depreciate personal property in a building, such as furniture, carpeting, and removable partitions, over seven years. Differences with Qualified Leasehold ImprovementsThe QIP definition is similar to that of Qualified…
Contribution Margin Overview, Guide, Fixed Costs, Variable Costs
The contribution margin represents the portion of a product’s sales revenue that isn’t used up by variable costs, and so contributes to covering the company’s fixed costs. Sales revenue less…
What Are Contra Accounts? Definition, Types, and Examples
It usually nets off against related accounts and provides an contra asset account definition opposite effect to the balance. Therefore, contra accounts are the reverse accounts that decrease a specific…
What are common-size financial statements?
Thus, applying common size analysis might aid in maintaining the right balance between profitability and sustainable operations. To calculate these percentages, you would divide each line item by the total…
Declining balance method of depreciation definition, explanation, formula, example
The rate is determined by multiplying the straight-line depreciation rate by 1.5. For example, an asset with a 10-year useful life has a straight-line rate of 10%, so the 150%…