A ratio is made up of two parts, the same as how a fraction is made up of two parts. There is the numerator (the top number of the fraction) and the denominator (the bottom number https://www.online-accounting.net/ of the fraction). Here, “a” is called the first term or antecedent, and “b” is called the second … Read more
After that, the human resources department reaches out to decorators, which become vendors when they are hired to transform the event space into a themed party. After the theme is implemented, a catering company is contracted to provide food and beverages for the party. When the company delivers https://www.quick-bookkeeping.net/ its service, it becomes a vendor to … Read more
Just because a business incorporates itself does not mean that lenders will automatically offer loans or a line of credit. There must be enough assets within the corporation to secure debt financing. If the assets for the company are insufficient, then lenders will often insist that the owners make a personal guarantee on the debt. … Read more