What is Product Liability Insurance?

What is Product Liability Insurance? Product Liability Insurance: As a business owner, you’re responsible for every product you make and sell. If one of those products is faulty or causes some sort of injury, your business could be held accountable for the consequences that follow….

Net Working Capital Formula

Net Working Capital Formula Working Capital Formula: Net working capital is a liquidity calculation that measures a company’s ability to pay off its current liabilities with current assets. This measurement is important to management, vendors, and general creditors because it shows the firm’s short-term liquidity…

What Is Asset Turnover Ratio?

What Is Asset Turnover Ratio? Asset Turnover Ratio: The asset turnover ratio measures the value of a company’s sales or revenues relative to the value of its assets. The asset turnover ratio can be used as an indicator of the efficiency with which a company is using its…

What Is FUTA Tax?

What Is FUTA Tax?  FUTA: You are welcome to the Federal University of Technology, Akure (FUTA), a top-ranking university of technology in Nigeria and indeed the nation’s pride. Established in 1981, the university has grown tremendously, stretching its academic disciplines and research across eight different…