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…