Calculating interest expense on a payable bond should be relatively straightforward, but then the accountants got involved. Generally accepted accounting principles, or GAAP, turn what is ordinarily a ...
Interest expense, net income, and EBIT are three related financial metrics that all have to do with the profitability of a company. Here's what you need to know about calculating each one, and how ...
Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.
If you take a loan to buy investment assets, any interest that you pay on that loan is called an "investment interest expense." Under some circumstances, the IRS allows you to deduct investment ...
A common question among clients is whether the interest they paid on a loan is deductible. The answer depends on whether the loan proceeds can be traced to personal, investment or business activities.