Accounting - Financial Falconet

High Current Ratio Meaning and Causes

The current ratio is a type of liquidity ratio that measures a company’s ability to pay its short-term obligations with …

Companies may pay for certain goods or services in advance. If this happens, the company records such prepayment as prepaid …

What does the current ratio inform you about a company? When it comes to gaining insight into the financial health …

In this article, we shall discuss net income, examples, and calculations. One key metric that can show a company’s profitability …

I will cover in detail how to build a cash flow statement from a balance sheet and an income statement …

Is prepaid rent debit or credit? In order to operate their business, companies usually need a building to use as …

What is the difference between GAAP vs IFRS balance sheets? GAAP and IFRS are the two main sets of accounting …

A company’s revenue is the financial measure of the goods and services that it has provided to its customers during …

Businesses carry out various transactions every single day and have to keep track of each transaction. In order to do …

An asset turnover ratio is a ratio that compares the total amount of a company’s net sales in dollar amount …