A lower ratio illustrates that a company may not be using its assets as efficiently. Asset turnover ratios vary throughout […]

When you’ve entered all the information from your bank statement, click the green Start reconciling button to continue. You’ll want […]

A statement of cash flow on any balance sheet should be positive. A negative cash flow on basic financial statements […]

Six Sigma is an inventory management methodology that focuses on reducing variations and defects in your inventory management process. With […]

Both ratios provide different details about a business’ performance and health. In simplest terms, the gross profit percentage is a […]

Both ratios provide different details about a business’ performance and health. In simplest terms, the gross profit percentage is a […]

Some assets are tangible like cash while others are theoretical or intangible like goodwill or copyrights. Working capital indicates whether […]

Below is a summary of the effects of debiting and crediting each financial statement element. For example, under a double-entry […]

A good EBIT generally shows steady or improving operating profitability over time and relative to competitors, indicating a company’s ability […]

In simple words, a spreadsheet boils down to this, and it is a document consisting of grids of rows and […]