General and Administrative Expenses Explained: Essential Insights for Small Businesses

General and administrative expenses are also usually fixed costs in nature because they would stay the same regardless of the level of sales that occur. General and administrative expenses typically refer to expenses that are still incurred by a company regardless of whether it produces or sells anything. This type of expense is typically shown …

is interest expense an operating expense 9

Why is Interest Expense Included in the Operating Activities Section of the Cash Flow Statement? By managing these costs effectively, companies can improve their operating expense ratio and enhance their financial performance. From the perspective of a financial analyst, operating expenses are a key area of focus when assessing a company’s performance. Analysts look at …

Bookkeeping Financial Statement Preparation Los Angeles CPA

A cash crisis can be emotionally devastating and it can even kill your business. If you’ve ever had to beg, borrow and steal to cover tomorrows payroll you know what I mean. An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an …