Dr. Bibian Ugoala

Bookkeeping

Current Ratio Formula

Qualitative factors such as industry dynamics, competitive positioning, and management strategies further aid in evaluating a company’s overall financial strength and potential for future success. To calculate the current ratio, you need to gather the necessary financial information from a company’s balance sheet. Specifically, you will need the total current assets and the total current […]

Current Ratio Formula Read More »

Debt-to-Equity D E Ratio Formula and How to Interpret It

Below is an overview of the debt-to-equity ratio, including how to calculate and use it. Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with a free account to explore 20+ always-free courses and hundreds of finance templates and cheat sheets. The D/E ratio can be hard to interpret

Debt-to-Equity D E Ratio Formula and How to Interpret It Read More »

Free PTO Accrual Calculator

If you use our calculator above, you can input your business’s actual workweek hours to get a more accurate accrual rate before you process your payroll. Under an accrued vacation policy, https://www.bookkeeping-reviews.com/understanding-the-importance-of-technical/ employees earn vacation time based on the number of hours they work. For example, workers can earn a portion of the 80 total

Free PTO Accrual Calculator Read More »

Margin vs Markup: Whats the Difference? And How to Calculate it

One way to answer that question is to calculate the margin for your business. If you’ve done accounting for your business for any length of time, you’ve come to understand that many accounting terms sound similar, which can cause a lot of confusion. While both deal with profit, they are calculated for two different purposes.

Margin vs Markup: Whats the Difference? And How to Calculate it Read More »

Income statement Definition, example & format of income statement

EBIT is a term commonly used in finance and stands for Earnings Before Interest and Taxes. A Profit and Loss Statement is one of the fundamental financial statements that reveal your business’ revenues and expenses within a certain accounting period. In addition to this, it also showcases the operational performance of your business within a certain

Income statement Definition, example & format of income statement Read More »