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Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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Gross Capitalized Cost

Gross Capitalized Cost – Gross capitalized cost is calculated by an individual when leasing a car.  It is the value of the automobile that has been mutually agreed upon by both the purchaser and the car salesman.  Gross capitalized cost includes not only the base price for the lease period but also any costs stemming from insuring the car, agreements concerning repair and damage and all other necessities that have been agreed upon prior to the sale.  This figure is not fixed and can be negotiated between the buyer and seller.  The main objective on the buyer’s part is to bargain the gross capitalized cost to the lowest possible number.

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Definition of the Day Coverage Ratio

Coverage Ratio - the term coverage ratio is a type of accounting tool that helps measure a company’s ability to survive and grow.  Simply by comparing the company’s assets (gross profits) and liabilities (expenses) are a form of figuring the coverage ratio. The higher the assets, and the lower...

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