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Cash flows statement is an important report that both management and external readers want to have a look to determine the true state of a business...
We all know that cash is king, but what does that actually mean and what are the behaviors that drive that ethos? More specifically, how do...
Many industries are characterized by high seasonality. A seasonal business is one in which the majority of its sales occurs during a short period each year,...
From the financial point of view, you’re in business to make a profit. This is obvious, isn’t it? Or are you in business to make money?...
Your business sells products both at retail to consumers and to other businesses. You extend short-term credit to your business customers. Over the years, you have...
Business managers, lenders, and investors need to know the financial condition of a business. A summary of cash flows, though very useful in its own right....
“Cash To Working Capital Ratio” is useful for determining the proportion of working capital that is made up of cash or investments that can be readily...
Though many of the other ratios in this post series are useful for determining a company’s performance level in a variety of areas, the core issue...
I have been receiving many emails request for a post explains complete classification and elements of Balance Sheet in more details. Here I am bringing “Classification...
This “Bank Reconciliation Procedure” may help those who is an accounts payable clerk to compare his or her internal cash records to those of the bank...
To eliminate the necessity of writing checks in very small amounts, it is customary to maintain a petty cash fund from which small disbursements are made....
Preparing a cash flow analysis often gives managers a much better understanding of the operation of their business. It is particularly important for some small medium...
Boiled down to its essence, a firm participates in two kinds of financial transactions: those that increase the cash balance (cash inflows, or sources of funds)...