A cash coverage ratio measures the ability of a company to use its existing cash reserves to cover its short-term debts. It is typically calculated by dividing a company’s total current assets by its current liabilities. As one of the most extreme measures of a company’s liquidity, or its ability to pay out its current […]

Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. One of ZipBooks’ biggest benefits is the availability of a free plan, which allows small businesses to start using the application and easily scale up to a paid plan  if necessary. A good fit […]

Ribot Business Solutions LLC caters to the bookkeeping needs of Tampa customers. The company specializes in bookkeeping, accounting, and business consulting. Its bookkeeping services include the provision of financial documents, such as profit and loss income statements and cash flow and balance sheets. The firm also offers invoice, payroll, inventory, and budgeting services. Level Tax […]

In year three, the economy booms, allowing the company to resume dividends. The cumulative preferred stock shareholders must be paid the $900 in arrears in addition to the current dividend of $600. Once all cumulative shareholders receive the $1,500 due per share, the company may consider paying dividends to other classes of shareholders. He is […]