A debtor is an individual or organisation, which is a legal entity, and owes money or debt to another entity
Accounts receivable is the money owed to a company that is not yet paid for by its consumers. On the […]
Net profit in income statement is the "real cash" generated after deducting expenses and cost of goods sold.
Working capital refers to the difference between current assets and liabilities of a business, measuring the amount needed to carry out its daily activities
There are many financial metrics to evaluate the profitability of a company. These metrics help to measure the overall financial […]
Quick assets are highly liquid current assets and investments held by a company that can be easily converted to cash or that are already in the form of cash
Fixed assets are tangible non-current assets owned by a business to generate revenue and derive long term benefits with a useful life of more than a year
Current assets are business assets that are expected to be converted to cash within one accounting year and used to measure the liquidity of a business
Ratio analysis is a quantitative tool used to evaluate the overall financial performance of a company using line items from its financial statements
