Selling and administrative expenses even include non-cash expenses such as depreciation and amortization. To calculate selling and administrative expenses, one simply needs to add up all the expenses not directly related to the production of the company’s product, including but not limited to those listed here. Where are administrative expensesRead More →
Most services you were billed for likely weren’t even done. So yes ALWAYS ask for an itemized bill, they get scared and remove a whole bunch of items! You can also apply for medical financial assistance (MFA). Every hospital has it, you just need to submit financial info and theyRead More →
A company’s management has the responsibility for preparing the company’s financial statements and related disclosures. The company’s outside, independent auditor then subjects the financial statements and disclosures to an audit. How do you prepare a profit and loss statement? How to write a profit and loss statement Step 1: CalculateRead More →