Debt covenants are financial safeguards in the RTO industry that impact capital structure, liquidity, and growth strategies.
Cash flow management is crucial for RTO businesses renting durable goods. Budgeting, interpreting deficits, and seeking expert advice are key strategies.
Rivero, Gordimer & Company is committed to providing our clients with the highest level of professional services while continuing to give back to our community. We’d love to share with you what we’ve been working on over the last few months. Please take a second to read…
Understanding the accounting treatment for internal-use software development costs can be confusing. To help alleviate this confusion, we have summarized the requirements and accounting treatment presented in Accounting Standards Codification (ASC) 350-40: Internal-Use Software. First, we need to identify what is considered to be internal-use…
Cost of Goods Sold (COGS) includes all direct costs used during the production or acquisition of goods and inventory sold by a company. As a small business, understanding COGS can help you run a more efficient and profitable company. Not only will it affect your…