Accounting

How to Calculate Depreciation on a Car Using the Double-Declining Balance

How to Calculate Depreciation on a Car Using the Double-Declining Balance

For financial-reporting purposes, a company transfers a portion of a car's cost from the balance sheet to the income statement as an expense each year through a process called ...

How to Calculate the Adjusted Gross Income (AGI) From a Pay Stub

How to Calculate the Adjusted Gross Income (AGI) From a Pay Stub

Your Adjusted Gross Income (AGI) is a preliminary tax return calculation the IRS requires before arriving at your final taxable income. It's best to calculate your AGI with ...

How Long Do Capital Gains & Loss Carry Forward?

How Long Do Capital Gains & Loss Carry Forward?

If you make an investment that loses money, you might be able to declare a loss of income on your personal income tax return. Although there are limits on the type of investment ...

What Is the Difference Between Net Income and Profit Margin?

What Is the Difference Between Net Income and Profit Margin?

Net income is critical when calculating the return on investment to the owners of a business. It is also referred to as the bottom line, or what the business owner gets to keep ...

How to Calculate Annual Inflation Over Multiple Years

How to Calculate Annual Inflation Over Multiple Years

The inflation rate measures the change in prices. As prices rise at a faster rate, the inflation rate is higher and each dollar has less purchasing power. Measuring the inflation ...

How to Calculate the Amount of OASDI Taxes to Withhold

How to Calculate the Amount of OASDI Taxes to Withhold

OASDI stands for old age, survivor and disability insurance, also known as Social Security. The Social Security tax applies to all earned income up to the annual limit. Each year, ...

How to Calculate Capital Loss Carryover

How to Calculate Capital Loss Carryover

The Internal Revenue Service allows you to deduct a portion of your capital loss excess from your current year's taxes. The IRS also allows you to carry over any excess capital ...

What Is the First Step in Budgeting?

What Is the First Step in Budgeting?

Budgeting is a method of managing expenses by outlining the amount of money being spent versus the amount of money coming in. Budgeting is an effective way to ensure a family does ...

Elements of the Budgeting Cycle

Elements of the Budgeting Cycle

Whether the budget is for a household, a multinational corporation or for the federal government, the basic goal is the same -- to allocate funds to meet obligations. Other budget ...

How to Calculate the Taxable Portion of Pension by Age

How to Calculate the Taxable Portion of Pension by Age

If you receive an annuity or other qualified pension from your former employer, a portion of the pension is tax free. The Internal Revenue Service bases the pension tax rate on ...

How to Calculate Rate of Inflation With an Implicit Price Deflator

How to Calculate Rate of Inflation With an Implicit Price Deflator

Two indices are used to calculate inflation. The Consumer Price Index (CPI) is typically used to calculate inflation as it applies to individual consumers. The Implicit Price ...

How to Calculate Selling Price Variance

How to Calculate Selling Price Variance

Sales price variance measures the change in a company's total budgeted revenue to the actual revenue earned on a product. To figure the selling price variance, you need to know ...

How to Cash in a War Savings Bond Series E

How to Cash in a War Savings Bond Series E

Series E savings bonds were first sold in 1941 to raise money for World War II. You could buy Series E bonds up until 1980, when Series EE bonds replaced them. Although you can no ...

What Does Marginal Rate of Transformation Have to Do With Marginal Cost?

What Does Marginal Rate of Transformation Have to Do With Marginal Cost?

The marginal rate of transformation (MRT) is indirectly related to marginal cost. The former deals primarily with economic priorities given available resources, while the latter ...

How to Calculate Proceeds From Sales of Bonds

How to Calculate Proceeds From Sales of Bonds

All bonds include a face value, which is the amount you will receive when the bond matures. The bond's total value, or the proceeds you will get from selling it, is the sum of ...

How to Calculate the Maturity Value of Notes

How to Calculate the Maturity Value of Notes

Notes are fixed-term investments, which grow in value due to interest. After a certain period of time, notes "mature," which means they pay the investor the face value ...

How to Calculate the Net Advantage of Leasing Based on the Incremental After-Tax

How to Calculate the Net Advantage of Leasing Based on the Incremental After-Tax

One of the toughest decisions a business faces involves whether to lease or to purchase property or equipment. While buying provides the business with a significant asset, it ...