AIHR

JANUARY 11, 2023

Labor costs like salaries, benefits, and related taxes make up as much as 70% of total operating costs of a business. A debit is an entry that increases the value of an asset or expense in an account or decreases the value of equity or liability. Examples of assets are investments, tools, equipment, machinery, and patents.

Cash Flow 116

Cash Flow Balance Sheet Assets Revenue 116

UVA Darden

MARCH 20, 2023

Smith: The Silicon Valley Bank, or SVB, invested heavily in relatively “safe” assets, in that the investments had little or no likelihood of default. But the assets wouldn’t pay back for a long time, mostly 10 years or more. The bank also had long-dated assets. Once the run started, the FDIC had to step in and close the bank.

Banking 52

Banking Balance Sheet Assets Insurance 52

UVA Darden

MARCH 20, 2023

Smith: The Silicon Valley Bank, or SVB, invested heavily in relatively “safe” assets, in that the investments had little or no likelihood of default. But the assets wouldn’t pay back for a long time, mostly 10 years or more. The bank also had long-dated assets. Once the run started, the FDIC had to step in and close the bank.

Banking 59

Banking Balance Sheet Assets Insurance 59