Also called an ACH transfer, this electronic what is an eft funds transfer payment allows for employers to directly pay an employee (the receiver) electronically in his or her bank account. A direct deposit service provider authorizes payments into employee accounts. An EFT (Electronic Funds Transfer) payment is a form of electronic payment that allows … Read more

Let us look at the detailed steps to calculate marginal cost formula. But note that if the curves had sloped differently this argument might not have worked. The traditional calculation of marginal cost often ignores external costs, also known as externalities. These are costs (or benefits) that affect a party who didn’t choose to incur that … Read more

In addition, you’ll need to add around 20% on top of salary for benefits and overhead including office space. A professional bookkeeper will never shy away from answering your questions regarding their services or the online bookkeeping common pricing structures available in the market. On the other hand, a dishonest one will exaggerate simple matters … Read more

The equation is generally written with liabilities appearing before owner’s equity because creditors usually have to be repaid before investors in a bankruptcy. In this sense, the liabilities are considered more current than the equity. This is consistent with financial reporting where current assets and liabilities are always reported before long-term assets and liabilities. Under … Read more