Tiffany An expense ratio is a measure of how much a company spends on operating expenses in relation to its overall revenue. This ratio is used to assess how efficiently a company is run and can be used to compare companies within the same industry. A lower expense ratio indicates a more efficient company. What does … Read more
Capitalized interest is the interest that is added to the principal balance of a loan. This means that the borrower will pay interest on the interest that has been added to the loan. This can increase the amount of money that the borrower owes on the loan, and it can also increase the amount of … Read more
DNI is defined as the sum of a decedent’s distributable net income (as defined in section 643 of the Code), plus any distributable net income of any trust for which the decedent was a trustee at any time during the decedent’s taxable year. What is included in accounting income for a trust? In order for … Read more
