Dealing With Guilt & Shame in Recovery

Over time Ryan came to better understand factors that contributed to his drinking, including his anger and increased aggression when drinking. Therapy assisted him in recognizing how past wounds contributed to his vulnerability to both anger and alcohol use. After much consideration, he eventually joined an alcohol treatment program as I helped him grieve his […]

Direct and Indirect Costs Managerial Accounting

To account for these and inform managers making decisions, the costs are tracked in a cost accounting system. The method of allocating indirect material costs can vary depending on the accounting practices of a business. ABC assigns indirect costs to products based on the activities that generate costs instead of merely spreading them across all […]

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What Is an IPO? Definition and How IPOs Work

Everyone from regulators to shareholders, portfolio managers, and reporters will scrutinize the financial results — and by extension, top management. Actions that used to be considered in a relatively straightforward way must now be weighed against their effect on short-term issues like quarterly earnings and stock prices. The tax treatment of your shares typically depends […]

Gold Price: Current Pricing, Prices Chart & Rate Graph

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What is a Break-Even Point and How to Calculate

This calculation demonstrates that Hicks would need to sell 725 units at $100 a unit to generate $72,500 in sales to earn $24,000 in after-tax profits. Since we earlier determined $24,000 after-tax equals $40,000 before-tax if the tax rate is 40%, we simply use the break-even at a desired profit formula to determine the target […]

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