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 The Profit Formula?

What Is The Profit Formula? Profit Formula: While people often use the terms benefit and revenue synonymously, they are quite different concepts in business. Revenue is the money generated through product and service sales. Profit is the amount that remains when you subtract the costs…

Income Statement Template

Income Statement Template Income Statement Template: An income statement or profit and loss statement is an essential financial statement where the key-value reported is known as Net Income. The statement summarizes a company’s revenues and business expenses to provide the big picture of the financial performance of a company over…

What Is Asset Turnover Ratio?

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…

Quicken vs QuickBooks Online

Quicken vs QuickBooks Online Quicken vs QuickBooks: QuickBooks is almost always a better option than Quicken because it is true accounting software for businesses, while Quicken is more focused on personal finance. QuickBooks will grow with you as your business expands, from a startup to…

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…