Depreciation is an accounting method used to recognize the decline in value of fixed assets (property, plant & equipment) over time. Depreciation is a tax-deductible expense, as long as it meets certain IRS requirements. If you have gone through a company’s financial statement, you would see that the depreciation is…

An Elan bond, where the bondholder can exercise the right to be repaid in 18 months, currently yields 19 per cent per annum. Connect and share knowledge within a single location that is structured and easy to search. Most frequently used in the set phrase per annum or compounds used…

The expanded accounting equation can allow analysts to better look into the company’s break-down of shareholder’s equity. The revenues and expenses show the change in net income from period to period. Stockholder transactions can be seen through contributed capital and dividends. Although these numbers are basic, they are still accounting…