Reported as a current liability on the balance sheet. For example, if a company has a tax expense of $300,000 but has already paid $100,000 in advance, the income tax payable will be $200,000.

However, they are presented on the company's balance sheet and the expenses that they represent are on the income statement. Accounts payable are a liability. More specifically, they are ...

Oxford Lane Capital's term preferred shares may be more attractive than the common units. Read more on how the preferreds may ...

Because the income statement "resets" each year, all revenue and expense activity is transferred out of nominal accounts and into real accounts on the balance sheet. Each period, net income from ...

Ready Capital's dividend will need to be cut as operating cash flow adjusted for PIK and accruing loans is negative. Learn ...

Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), UnitedHealth ...

Utilities face significant challenges as tech companies leverage their superior credit ratings and financial strength to ...

Considering a big investment in these high-yield FTSE 100 stocks could mean a large and growing second income over time, says Royston Wild.

Total Digital Revenue(1) was 51% of revenue in the quarter, representing $82MDigital-only subscription revenue increased 30%(2) in the quarterAmplified Digital® Agency revenue totaled $28M in the quar ...

Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), Broadcom Inc. (AVGO) ...

Name any state agencies that haven't been accused of corruption or incompetence, declares one letter writer. Another argues ...