Monthly Archives: February 2021

An accumulated deficit is when a company’s debts total more than its reported earnings on a balance sheet. When a business has a positive retained earnings number, the company has more to spend on assets to foster further growth. Retained earnings are important because they can be used to finance new projects or expand the […]

Since there is no functional limit on the number of void years a team can write into a contract, Julio’s 2021 cap hit could be amortized over as many years as needed. Through 2021, AD has been wading into worldwide launches, which help to raise site traffic and amortize content costs. For clarity, assume that […]