Recent content by Yale

  1. Y

    What is the definition of FPO in the stock market?

    Can someone explain the meaning of FPO (Follow-on Public Offer) in simple terms and how it differs from an IPO?
  2. Y

    Is short term disability taxable income in the US?

    I receive disability benefits and want to know is short term disability taxable depending on who pays the premiums.
  3. Y

    Is signal app used for scamming?

    Signal itself is not a scam app. It’s a legitimate, secure messaging platform focused on privacy and end-to-end encryption. However, like any messaging app, scammers may misuse it for fraud or impersonation. Caution is needed with unsolicited messages or requests for money or personal information.
  4. Y

    What is the definition of a common law partnership?

    Are you looking for a clear common law partnership definition? Many people ask what legally qualifies as a common law partnership, how it’s recognized, and what rights partners may have under the law.
  5. Y

    What Does “Salaries Payable” Mean?

    Salaries Payable refers to wages or salaries a business owes to employees for work already performed but not yet paid. It is recorded as a current liability on the balance sheet until the employees are paid.
  6. Y

    What is an MLT payment in financial statements?

    An MLT payment may appear on bank statements or accounting records. This post explains what an MLT payment means, why it shows up, and how an MLT payment should be recorded in financial statements.
  7. Y

    Does florida have state income tax

    No 7 Florida has no individual state income tax. The residents are not taxed on state tax on wages, retirement income, and a majority of investment income, but they are required to pay federal income tax. Rather, Florida relies on sales and property taxes to finance its government services.
  8. Y

    Are Real Estate Taxes the Same as Property Taxes?

    Yes, property taxes and real estate taxes are normally the same. The two are taxes levied by the local governments on real estate including land and structures. The two terms are used interchangeably, but tax on personal property can at times fall under property tax.
  9. Y

    Is Accounts Receivable an Asset?

    No, it is not an account receivable. It is a form of money due to a business by its customers on goods or services already rendered. It is equally considered as a current asset on the balance sheet since they are likely to be collected in the near future.
  10. Y

    What is Accounts Payable?

    Accounts Payable (AP) is the cash that a business is indebted to the suppliers or vendors due to the receipt of goods or services but not received payments. It is registered as a current liability on the balance sheet and has to be paid in agreed terms of credit.
  11. Y

    What is Genesis Finance and how does Genesis Finance work?

    Genesis Finance is commonly associated with payment processing and financing solutions. This discussion explains what Genesis Finance is, how Genesis Finance handles payments, and where it is typically used.
  12. Y

    Why is finance so important for business growth?

    Finance plays a vital role in the growth of business since it allows planning, budgeting, and making investment decisions, provides healthy cash flow, scales its operations, manages risk, and performance measurement. A good financial management enables companies to take opportunities, manage...
  13. Y

    What are the main construction companies CFO challenges?

    The primary CFO issues in construction firms involve managing cash-flows, project cost overruns, tracking project profitability, late payments, complicated compliance and taxes, labor and material expenses volatility, risk management, and proper forecasting of various projects with a tight...
  14. Y

    What is audit committee?

    An audit committee is a team of board members who is charged with the responsibility of monitoring the financial reporting, internal controls, risk management and audits of a company. It collaborates with the internal and external auditors to make sure that financial statements are correct...
  15. Y

    How to add business to apple maps?

    To add your business to Apple Maps, go to Apple Business Connect and sign in with your Apple ID. Search for your business, add or claim it, then enter details like name, address, category, hours, and contact info. Submit for verification—once approved, it appears on Apple Maps.
Back
Top