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How do you write a letter for payment made?
When writing a letter for payment, the date and amount of payment should be included in the letter. The purpose of the payment should also be included in a payment letter.
Why are lease payments included in numerator of fixed charge coverage ratio?
because lease payment is deducted as expenses in profit and loss statement. So while calculating this ratio again we have to add it to earnings before interest and tax
What is a deduction from earnings as an advance payment on income tax?
Withholding amounts from your gross income is an advance payment of income tax and other required taxes, etc that your employer payroll department is required to withhold from your gross earnings that are subject to the withholding tax rate amounts.
Why are there Changes in retained earnings?
1)capital contributions, 2)ernings/losses, 3)payment of dividends
What has no effect on retained earnings?
A transaction that only affects asset and/or liability accounts would have no impact on Retained Earnings. Such as paying an Accounts Payable invoice or receiving payment of an Accounts Receivable.
Are Gross Earnings same as insurable earnings?
yes
When must an Insurable interest arise for a property insurance policy?
An insurable interest must exist to effect coverage and must continue to exist at the time of a claim to receive payment.
How do you write a letter for payment?
When writing a letter for payment, the date and amount of payment should be included in the letter. The purpose of the payment should also be included in a payment letter.
How do you write a letter for payment made?
When writing a letter for payment, the date and amount of payment should be included in the letter. The purpose of the payment should also be included in a payment letter.
Can you get payment from Greeting Card Universe if earnings are under 25?
yes
What is insurable loss?
insurable loss
Does payment of dividends reduce stockholders equity?
Answer:Yes. Equity consists of paid-in capital (received from the shareholders when they bought their shares) and retained earnings. Retained earnings are all past earnings that the company made and did not pay out as a dividend (hence: "retained"). Retained earnings therefore increases with earnings, but decreases with dividends, since dividend is a distribution of earnings to the shareholders.
Why are lease payments included in numerator of fixed charge coverage ratio?
because lease payment is deducted as expenses in profit and loss statement. So while calculating this ratio again we have to add it to earnings before interest and tax
What is the most likely prediction after a firm reduces its regular dividend payment?
Earnings are expected to decline.
What is a deduction from earnings as an advance payment on income tax?
Withholding amounts from your gross income is an advance payment of income tax and other required taxes, etc that your employer payroll department is required to withhold from your gross earnings that are subject to the withholding tax rate amounts.
Why are there Changes in retained earnings?
1)capital contributions, 2)ernings/losses, 3)payment of dividends
What do you call a franchise owner's share of earnings that is given as a payment to a parent company?
franchise royalty fee
