On December 31, 2023, the company’s income statement showed a net income of $350,000. The company is ready to prepare its statement of cash flows for the year 2023. Investing activities include purchases of physical assets, investments in securities, or the sale of securities or assets. Investments can be made to generate income on their […]

Ensure accurate tracking to avoid errors in insurance or retirement contributions. If your business struggles with cash flow, a semi-monthly schedule may provide more stability by requiring fewer payments per year. However, bi-weekly schedules can smooth cash flow for businesses with steady income streams. Cons of running a biweekly payroll Bi-weekly pay spans a range […]

Offshore oil rigs have revolutionized the oil and gas industry, but this innovation has its limitations. One of the most significant challenges faced by professionals working on offshore what is a topside entry oil rigs is the process of topside entry. While it remains one of the most commonly used methods to access the undersides […]