What Is the Balance Sheet Current Ratio Formula?
Each company’s ratio should be compared to those of others in the same industry, and with similar business models to establish what level of liquidity…
Category: Bookkeeping
Know Accounts Receivable and Inventory Turnover
This figure include cash sales as cash sales do not incur accounts receivable activity. Net credit sales also incorporates sales discounts or returns from customers…
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QuickBooks is one of the most popular accounting software on the market. It packs all the features that accountants and companies need to track the…
Bookkeeping Services Rates
In-house accounting, on the other hand, gives you peace of mind knowing that someone you know and trust is handling your books and financials. The…
Net Sales Overview, Formula and Components, Income Statement
Since the indicator shows the company’s ability to make revenue, it is a great tool for understanding its market share and whether the company is…
Accounts Receivable Turnover Ratio Formula Analysis Example
A lower ratio means you have lots of working capital tied up in outstanding receivables. You may have an inefficient collections process, or your customers…