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
A debtor is an individual or organisation, which is a legal entity, and owes money or debt to another entity
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
