Driving Inventory Balance
Jennifer edwards Sometimes a business doesn’t have exact inventory balance or inventory level at a certain period of time. In such cases the inventory balance can be derived by using current liabilities,…
Defensive Interval Ratio
Defensive interval ratio is a variation of the quick ratio. The ratio uses the same figures used by the quick ratio to determine whether a business has an ability to…
How to Calculate Average Accounts Payable
Accounts payable is one of the most important financial figure in a firm’s accounting and is used to calculate a number of other financial figures such as current ratio, working…