How to Calculate Bond Value: 6 Steps with Pictures

It is the last payment a bond investor will receive if the bond is held to maturity. It is the rate of return bond investors will get if they hold the bond to maturity. With this bond price calculator, we aim to help you calculate the bond price issued by a government or a corporation. […]

Cash Flow Statement CFS Preparation Examples & Solutions

It reports the value of a business’s assets that are currently cash or can be converted into cash within a short period of time, commonly 90 days. Cash and cash equivalents include currency, petty cash, bank accounts, and other highly liquid, short-term investments. Examples of cash equivalents include commercial paper, Treasury bills, and short-term government […]

Current Ratio Definition, Explanation, Formula, Example and Interpretation

It is also easy to manipulate the current ratio due to factors such as seasonal sales; the ratio can change from season to season due to fluctuations in the number of products being sold. For example, supplier agreements can make a difference to the number of liabilities and assets. A large retailer like Walmart may […]

What Is Pro Forma?

Companies’ definitions of pro forma vary along with their internal methods for forecasting and making assumptions. For this reason, investors must examine not only the pro forma earnings, but also GAAP earnings, and never mistake one for the other. Using pro forma results to grossly misconstrue GAAP-based results and mislead investors is deemed by the U.S. […]

How to Draw a Bank

Observational drawing trains you to carefully examine source images or real-world objects to translate their details onto paper. Alternatively, you can draw solely from your mind’s eye – great for boosting creativity. When finished with details, start by highlighting the building’s edges, then the shadows created by the architecture. Draw horizontal and vertical lines to […]

How to Read & Understand a Balance Sheet

No, all of our programs are 100 percent online, and available to participants regardless of their location. We expect to offer our courses in additional languages in the future but, at this time, HBS Online can only be provided in English. Liabilities may also include an obligation to provide goods or services in the future. […]

Bookkeeping Basics for Therapists

We will draft a proposal in a software program called Practice Ignition, and you will sign and send your agreed-upon initial payment. It’s almost impossible to bring on new employees or clients if your books are a mess. With an organized process in place, you’ll know exactly when and how you can afford to expand. […]

How to Void a Check

If you failed to cash the check before the designated date, you could still get the money. A dark pen or marker is also often used to make it difficult for thieves to remove the void mark and use it as a blank check. You may need to void a check if you wrote a […]

Hedge Accounting Definition, Examples, Use, Journal

A cash flow hedge is used to reduce the exposure to volatility of cash flows from an existing asset or liability or a forecasted transaction. In order to qualify for, the potential changes in cash flows from the asset, liability, or future transaction must have the potential to affect the company’s reported earnings. A […]