First, outsourcing allows you to focus on the things that matter most to your business, such as sales and marketing while saving time and money on other parts of the company. This benefits you now and positions you well for future growth because it frees up resources…
Read moreThe data and information included in a balance sheet can sometimes be manipulated by management in order to present a more favorable financial position for the company. Adding total liabilities to shareholders’ equity should give you the same sum as your assets….
Read moreIf any cost is not directly or indirectly part of your production, it should not be included in your cost of sales. Because COGS is a cost of doing business, it is recorded as a business expense on income statements. Knowing the cost of goods sold helps analysts,…
Read moreA high accounts receivable turnover also indicates that the company enjoys a high-quality customer base that is able to pay their debts quickly. Also, a high ratio can suggest that the company follows a conservative credit policy such as net-20-days or even a net-10-days…
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