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Understanding the Quick Ratio in Financial Analysis

In the realm of financial statement analysis, a plethora of ratios exist to decipher a business’s performance. Today, our focus centres on a fundamental calculation—the quick ratio. Renowned for its capacity to shed light on a company’s short-term liquidity, the quick ratio plays a pivotal role in evaluating a business’s financial well-being. So, what precisely … Continued

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Simplifying Management of Business Expenses

For new entrepreneurs delving into the world of small businesses, mastering accounting becomes a necessity. The realm of accounting offers two primary methods: cash basis and accrual accounting, each with its distinct approach and implications.

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Inventory: what is it?

Discover the essentials of inventory – its definition, methods of valuation, types, monitoring systems, and effective management strategies for organisations.

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