What is the current interest rate on 401k loans?
Like most loans (except maybe those from Mom and Dad), a 401(k) loan comes with interest. The rate is usually a point or two above the prime rate. Right n...
Category: Updates
Can you legally live in a log cabin permanently?
Permanently. You can live very comfortably in a residential log cabin. If constructed correctly on the right site, it can be an excellent long-term perman...
Can you stop contributing to a mutual fund?
If the fund fails to perform as expected or your investment goals change, you might want to exit a fund. Whatever your reason, closing a mutual fund is ea...
How is the budget option activated in Tally?
You can alter a budget to enable it for groups, ledgers or cost centres. Gateway of Tally > Alter > Budgets > and press Enter. Alternatively, pre...
What are 4 sources of long-term financing?
Long-term financing sources can be in the form of any of them: Share Capital or Equity Shares. Preference Capital or Preference Shares. Retained Earnings ...
Which of the theories say that dividend is relevant in determining MP of share?
It is also called as ‘Bird-in-the-hand’ theory that states that the current dividends are important in determining the value of the firm. Gordon’s model i...
What happens to profit sharing when you quit?
Employers can establish a vesting schedule for profit-sharing plans. If you leave employment before the vesting period is up, you will lose some of the em...
Which UK bank has the best ISA?
The highest rate for a two-year Isa is 1% AER from Close Brothers Savings. The next-best rate is 0.95% AER from OakNorth Bank. Is Cash ISA worth keeping? ...
How do you calculate net income from net revenue?
Total Revenues – Total Expenses = Net Income When your company has more revenues than expenses, you have a positive net income. If your total expenses are...
What is the difference between cost of equity and required rate of return?
If you are the investor, the cost of equity is the rate of return required on an investment in equity. If you are the company, the cost of equity determin...
