Before its maturity date, the market value of the bond fluctuates in the secondary market, as bond traders chase issues that offer a better return. However, when the bond reaches its maturity date, its market value will be the same…

You’d still earn the same $40 in interest—it would simply represent a smaller percentage of what you paid for your bond. A bond with a par value of $1,000 and a coupon rate of 4% will have annual interest payments…

There are three different types of tax rates, and they are Goods and Service Tax (GST), Harmonized Sales Tax (HST), and Provincial Sales Tax (PST). Use this calculator to find out the amount you will need to charge before sales…

The rate is 15%, including the federal 5% and a 10% provincial sales tax. Every province except Alberta has implemented either a provincial sales tax or the Harmonized Sales Tax. E-commerce businesses must determine if they have a “nexus” or…

The main objective of investing money is to gain profit and build a corpus. Thus it is reasonable for every investor to evaluate the company’s performance before investing their hard-earned money in it. There are several ways to assess the…

These assets are not recorded on the balance sheet, unless they are acquired from another company. Therefore, book value may underestimate the true value of a company that has a lot of intangible assets. For example, Coca-Cola has a book…

Mistakes here can throw off financial statements, mislead stakeholders, and affect key decisions like dividend policies or loan approvals. For corporations, equity is more structured and includes several distinct components, typically grouped under shareholders’ equity. This includes money invested by…

Providing an accurate computation will give the company in-depth insights into its financial status, which is very relevant in making data-backed decisions. As highlighted earlier, given the interpretations we can get from the equation, it is a good indicator of…

The shares are then posted to your account at the end of the day,” TD Direct Investing explains on its website. They not only provide a direct return on investment but also serve as a barometer for a company’s financial…

This amount would be moved from retained earnings to dividends payable on the declaration date, and subsequently paid out on the payment date. Dividends can make a stock worth much more than the trading price of its shares. In accounting…