Early Life and Family Key Facts Maggie L Walker was an important African American leader and entrepreneur. She broke unfair laws and became the first Black woman to start a bank in the United States. She was also the first Black woman to be the president of a bank. Walker’s…
Latest Posts
-
-
How do I postpone my foreclosure sale date?
How to Postpone a Foreclosure Sale If you are facing foreclosure, there are several options available to you to delay the sale of your home. These options include: Challenging the Foreclosure in Court You can challenge the foreclosure in court by filing an answer in a judicial foreclosure or filing…
-
Who Won In re Gault?
Case Background In June 1964, Gerald “Jerry” Gault, a 15-year-old, was accused of making an obscene telephone call to a neighbor, Mrs. Cook. Gault and a friend were arrested and taken to the Children’s Detention Home. Gault’s parents were not notified of his arrest, and they only found out about…
-
What is Account Code?
Account Code An account code is a numerical or alphanumeric code used to classify financial activities and balances within the General Ledger of an organization. Account codes are used to categorize financial transactions into different types, such as revenue, expense, assets, liabilities, and fund balance. Chart of Accounts A chart…
-
What is an example of liquidity ratio?
Liquidity Ratio: Definition and Types Liquidity ratios are a class of financial metrics used to measure a company’s ability to meet its short-term debt obligations without raising external capital (Investopedia, 2023). These ratios assess a company’s liquidity position and its margin of safety through calculations such as the current ratio,…
-
How much of Vehicle Registration is tax deductible?
Vehicle Registration Fees and Tax Deductions The deductibility of vehicle registration fees depends on various factors, including the specific state in which the vehicle is registered and the nature of the fee itself. Deductibility Criteria Generally, only the portion of the vehicle registration fee that is based on the vehicle’s…
-
How much was the beard tax?
The Beard Tax: A Historical Perspective The beard tax, a peculiar form of taxation levied on facial hair, holds a unique place in the annals of history. This article delves into the origins, implementation, and impact of the beard tax, drawing upon reputable sources such as JSTOR Daily, Wikipedia, and…
-
Was sind selbst erstellte immaterielle Vermögensgegenstände?
Selbst erstellte immaterielle Vermögensgegenstände Immaterielle Vermögensgegenstände sind nicht physisch greifbare und nicht monetäre Vermögenswerte eines Unternehmens, wie Rechte und geistiges Eigentum (ausgenommen Finanzanlagen) [1]. Selbst erstellte immaterielle Vermögensgegenstände sind Vermögensgegenstände, die ein Unternehmen selbst erstellt hat [2]. Bilanzierung Die Bilanzierung immaterieller Vermögensgegenstände im Handelsrecht unterliegt verschiedenen Regeln. Es gibt Vorschriften,…
-
Types of Project Monitoring
Project monitoring is the process of tracking and evaluating the progress of a project to ensure that it is meeting its objectives and goals. There are various types of project monitoring, each with its own purpose and focus. Key Facts Process Monitoring: This type of monitoring focuses on tracking the…
-
What is the EV/EBITDA Ratio?
The Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization (EV/EBITDA) ratio is a financial metric used to assess a company’s valuation. It compares a company’s total value, including debt, to its cash earnings before certain expenses. The EV/EBITDA ratio is commonly employed as a valuation tool to compare…
-
What is a Disbursement Journal?
A disbursement journal is an accounting document that records all cash payments made by a business. It provides a detailed account of the disbursement amount, check number, transaction type, payee, and any other relevant information. Key Facts Purpose: The primary purpose of a disbursement journal is to record and track…
-
Which appointments require Senate approval?
Appointments Requiring Senate Approval Under the Appointments Clause of the United States Constitution, certain presidential appointments require the advice and consent of the Senate. This process ensures that key government officials are subject to scrutiny and approval by the legislative branch. Positions Subject to Confirmation The list of positions filled…
-
What is the opposite word of lawyer?
Antonyms of Lawyer A lawyer is an individual who provides legal advice, represents clients in court, and assists in the interpretation and application of laws. The term “lawyer” encompasses various professionals within the legal field, including attorneys, barristers, counselors, and solicitors. Key Facts Client: A client is someone who seeks…
-
Is biodegradable or compostable better?
Biodegradable vs. Compostable: Understanding the Differences In the pursuit of environmental sustainability, terms like “biodegradable” and “compostable” have gained prominence. While these terms are often used interchangeably, there are crucial distinctions between them that impact their environmental impact and disposal. Definitions Biodegradable: Refers to materials that can be broken down…
-
How long would it take to clean the Great Pacific Garbage?
Cleaning the Great Pacific Garbage Patch: Challenges and Progress The Great Pacific Garbage Patch (GPGP) is a vast accumulation of marine debris located in the North Pacific Ocean. It is estimated to cover an area twice the size of Texas and contains an estimated 1.8 trillion pieces of plastic. The…
-
What GPA Do You Need for National Junior Honor Society?
The National Junior Honor Society (NJHS) is an international student organization for middle schoolers (https://en.wikipedia.org/wiki/National_Junior_Honor_Society). Founded by the National Association of Secondary School Principals, the NJHS has chapters in the United States, other U.S. territories, and around the world (https://en.wikipedia.org/wiki/National_Junior_Honor_Society). Key Facts The National Junior Honor Society (NJHS) is an…
-
What is Captains Career Course in the Army?
Captains Career Course in the Army Purpose The Captains Career Course (CCC) is a military training and education program designed to prepare Army officers for company command and staff responsibilities (Wikipedia, 2023). Duration and Location The CCC is a 22-week course organized under the Maneuver Center of Excellence (MCoE) at…
-
How long do you have to send an adverse action notice?
Timing of Adverse Action Notices Adverse action notices must be sent within a specific timeframe after certain events occur. These events include: Receiving a completed credit application Receiving an incomplete credit application Taking adverse action on an existing account Making a counteroffer to the applicant The specific timeframes for sending…
-
What Happens After a Creditor Wins a Judgment?
When a creditor wins a judgment against a debtor, it means that the court has ruled in favor of the creditor and ordered the debtor to pay the amount owed. The judgment becomes a legal document that can be enforced by the creditor to collect the debt. Key Facts Judgment…
-
What is partnership liquidation?
Partnership Liquidation Partnership liquidation refers to the process of winding up a partnership’s affairs, involving the collection of remaining business assets, settling debts owed to non-partner creditors, and distributing the remaining assets to the partners (Opus LLP, n.d.; CliffsNotes, n.d.). Asset Sale During liquidation, the partnership’s assets are sold to…