Financial ratios What they are and how to use them

A higher coverage ratio implies that a business can support its debt and related commitments effortlessly. Many “analysts” and “investors” are deceived by the use of the valuation ratios. Those ratios help us to have an understanding of how Mr. Market values a...

Outsourcing Accounts Payable: The Pros and Cons

These providers stay at the forefront of industry best practices, offering insights and strategies that might be beyond the scope of an in-house team. For instance, while manual invoice processing typically takes days, automation can reduce this to just 3-5 days,...

Reading: The Concept of Opportunity Cost Macroeconomics

The potential cost at the government level is fairly evident when we look at, for instance, government spending on war. They are thereby prevented from using $840 billion to fund healthcare, education, or tax cuts or to diminish by that sum any budget deficit. In...

How to calculate retained earnings formula + examples

It is common for bonds to mature (come due) years after the bonds were issued. When notes payable appears as a long-term liability, it is reporting the amount of loan principal that will not be payable within one year of the balance sheet date. When revenue is shown...