by mangokardynamix | Jan 10, 2022 | Bookkeeping
To calculate debt ratio, for example, we divide a company’s total debts by its total assets. Profitability ratios determine a company’s financial performance by analyzing its ability to generate profits relative to its sales, assets, or equity. Its drawback as a...
by mangokardynamix | Dec 8, 2021 | Bookkeeping
Such calculations facilitate accounting processes such as estimating wages, payroll, costs, etc. Whether you hire employees as part time or full time depends on your business needs and local regulations. A part-time workforce might save you money in wages and benefits...
by mangokardynamix | Dec 7, 2021 | Bookkeeping
It’s up to HR to determine which metrics will most help to leverage the headcount metric. Too often, HR will look at headcount metrics or other metrics in isolation rather than determining what these metrics mean from a business perspective. Linking performance with...
by mangokardynamix | Oct 6, 2021 | Bookkeeping
In fact, every business should audit expenses regularly to ensure that overhead expenses stay in line. Offering a 2% discount in exchange for a payment in 10 days can motivate clients to pay quickly. However, this incentive needs to be negotiated directly with each...
by mangokardynamix | Oct 6, 2021 | Bookkeeping
As such, net earnings have nothing to do with the investing or financial activities sections of the CFS. The cash flow statement paints a picture as to how a company’s operations are running, where its money comes from, and how money is being spent. Also known as...
by mangokardynamix | Apr 7, 2021 | Bookkeeping
Certain red flags may appear on financial statements of publicly traded companies that may indicate a business will not be a going concern in the future. Listing of long-term assets normally straight line depreciation does not appear in a company’s...
Recent Comments