What do you need for a break-even analysis?
Your break-even point is equal to your fixed costs, divided by your average price, minus variable costs. Basically, you need to figure out what your net p...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
How does business vehicle depreciation work?
This deduction lets you write off your investment in a business vehicle, which is also called “basis.” Multiply the basis amount by the percentage of busi...
Read More →What are good nonprofit organizations to start?
8 Unique and Inspiring Nonprofit Organizations Do Something. For those who want to lend a helping hand, but aren’t quite sure how, Do Something offers use...
Read More →How many homes were lost to foreclosure in 2008?
A total of 861,664 families lost their homes to foreclosure last year, according to RealtyTrac, which released its year-end report Thursday. There were mo...
Read More →How long can you get a business mortgage for?
A business mortgage usually lasts from three to 25 years and you can usually find a 70-75% mortgage. This is a measure of loan-to-value ratio to see how m...
Read More →What does it mean for projects to be mutually exclusive?
Mutually exclusive projects are capital projects which compete directly with each other. For example, if a manager has a choice to make between undertakin...
Read More →What happens after a Trust Deed ends?
When your Trust Deed comes to an end, your trustee will issue a ‘letter of discharge’. ‘When you are discharged from a protected trust deed, you will be d...
Read More →At what stage of delinquency does a foreclosure proceeding start?
Usually, a foreclosure won’t start until you’re more than 120 days delinquent. In most cases, a mortgage servicer can’t start a foreclosure until the borr...
Read More →Do you know what is considered income?
What is taxable income? Income from wages, salaries, interest, dividends, business income, capital gains, and pensions received during a given tax year ar...
Read More →Does Medicare pay for 100 days in a nursing home?
Medicare covers care in a SNF up to 100 days in a benefit period if you continue to meet Medicare’s requirements. What is the 100 day rule for Medicare? M...
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