Turnover is an important metric of any business. Although it is mostly used in trading firms, the term is applicable...
business-terms
For a business, keeping certain funds as reserve is like saving for the rainy days. Businesses are stronger when they...
In a financial statement, companies usually set aside some money from profit or other sources to finance important business activities....
Retained earnings is one of the important aspects of a firm closing capital or equity. This earnings is usually an...
Equity capital is an investment in a company. The aim generally is to provide finance for the business. The fund...
A Journal book or "The Journal" or simply "General Journal" is one subsidiary book that may never go in extinction....
The term capital is well known to finance students and professionals. To those without this knowledge, capital may be seen...
In the previous article, the differences between current assets and liabilities was explained. This article will take a look at...
In this article, the distinction between current assets and liabilities is examined. The key point is that both are available...
Assets are economic resources as a result of past events having the potential to provide cash inflows to the entity....
