Author: John

Full-Time Equivalent (FTE): Definition, Meaning, Calculation, Formula

Project management can be a hassle when using both full-time and part-time employees. For that reason, companies may need to calculate the full-time equivalent. It is crucial in project management and federal programs. It allows companies to determine the number of full-time employees they employ. Before discussing how to calculate …

Calculating Dividend Paid from Income Statement

Investors purchase shares in companies expecting income from their investment. This income comes in two forms. For most investors, capital gains from the appreciation in the price of a share constitute the primary earning from these investments. However, some companies also pay dividends that contribute to the income that shareholders …

Home Loan Programs for Veterans: How to Get a VA Mortgage

If you are a veteran, you may be wondering about your mortgage options. Fortunately, the Department of Veterans Affairs (VA) offers several home loan programs that are designed specifically for veterans. In this blog post, we will discuss how to get a VA mortgage and the different benefits that come …

Contribution Margin Income Statement: Definition, Format, Formula, Example

Companies present their income statement to investors to help them make various decisions. It is a part of the financial statements that companies prepare. However, companies also prepare some reports internally which can resemble these statements. One of these includes the contribution margin income statement. It relates to the concept …

SBA 7a Loan: What You Need to Know

If you’re looking for a small business loan, the SBA 7a Loan is a great option. This loan program was created by the Small Business Administration to help businesses get the funding they need to start or grow their business. In this blog post, we will discuss everything you need …

Amortization vs Depreciation

Accounting standards require companies to expense out their assets over their useful life. These assets come at a cost that companies must spread over that life. Usually, companies use techniques like depreciation or amortization to achieve that. However, both differ in various ways. Before discussing the differences, it is crucial …

Salary vs Wages

Companies pay their employees for the services they provide. The compensation provided to those employees may include salaries or wages. In many places, salaries and wages are terms that often get confused. While both represent payments to employees for their services, these forms differ significantly. Before discussing the differences, it …