What Is a Crack-Up Boom?

A “crack-up boom” is a situation where people lose confidence in the currency and begin to hoard other assets, such as gold or land, instead. This can lead to a rapid increase in the price of those assets and a decrease in the value of the currency. A crack-up boom can be caused by a … Read more

What Is Depreciable Property?

Depreciable property is any type of property that is used for business or investment purposes and that has a useful life of more than one year. The most common examples of depreciable property are buildings, machinery, equipment, and vehicles. In order to claim depreciation deductions, the property must be used in a business or for … Read more

Understanding the Long-Term Debt-to-Total-Assets Ratio.

The long-term debt-to-total-assets ratio measures the amount of a company’s long-term debt compared to its total assets. This ratio can be used to assess a company’s financial leverage and its ability to repay its debt obligations. A higher ratio indicates a greater amount of debt and a greater risk of financial distress. How do you … Read more