How to Calculate Maintenance & Utilities on a VA Loan Image Credit:robertsrob/iStock/GettyImages Monthly maintenance and utilities expense is a financial metric that's unique to VA loans. It's calculated by multiplying your home's square footage by 14 cents. If your maintenance and utilities ...
How to Calculate Income From Operations of Discontinued Components Career Growth Difference Between Operating Profit & EBIT Step 4 Divide the bank's total non-interest expense by the sum of its net interest income and non-interest income to determine its expense-to-revenue ratio. For example, div...
Below are the steps you would take to calculate the ending balances of accrued wages and salaries payable. 1. Determine the last time the employees were paid for their work. Compare that to the dates that mark the end of the accounting period. Use the payroll expense records. ...
How do you calculate monthly expenses? If You Are Paid Bi-Weekly: Multiply your take-home pay for one paycheck by the number of paychecks in a year: 26. Then divide this number by 12 to get your monthly income. What are direct expenses? Direct expense is an expense incurred that varies...
How to calculate the cost of goods sold in managerial accounting? Which of the following is NOT used to determine the cost of net purchases? A. freight-out B. purchase discounts C. purchase returns D. freight-in How to calculate the allocation of utilities to the cost of goods s...
How to Calculate Fixed Cost? You have learned what fixed cost is. But that is not enough. You also need to understand how to calculate the fixed cost. There are two ways to figure out fixed costs. The first technique use the following easy formula: ...
Learn what inventory costs retailers need to keep track of, how to calculate total inventory costs, and how to reduce them.
How to Calculate Profit Before Tax To calculate the PBT of a company, one must follow several steps. They are: 1. Collect all the financial data about the income earned by the company The earnings can come from different sources such as rental income, discounts received, and total sales, ...
such as rent or mortgage; those that do not change with the change in production. Expenses can also be defined as variable expenses; those that change with the change in production. These include utilities and the cost of goods sold. Expenses can also be categorized as operating and ...
taxes or utilities. Total housing expense is a key component in the calculation of a borrower’shousing expense ratio, which is used by lenders to determine whether a borrower qualifies for a mortgage loan.