Many times, ROI cannot be directly measured, such as the investment of advertising a product. The ROI in such situations is normally estimated via the marginal sales benefit or brand recognition. When discussing or comparing ROIs between departments or businesses, it is important to clarify which equation determined the percentage. This guide breaks down the …
ROI: Return on Investment Meaning and Calculation Formulas Read More »
“CEO salaries are extremely high, often in the millions or tens of millions of dollars, and they are unconnected to performance,” he says. “At the same time, many Americans are living paycheck to paycheck and struggling to afford their insurance premiums. Nationwide Insurance employees earn $46,000 annually on average, or $22 per hour. If I …
The company can easily meet all of its current obligations without having to sell any of its long-term assets. Investors will also be happy because companies that maintain high levels of liquidity are typically stable and grow more profitable in the future. Liquidity ratios are a category of accounting ratios that allow stakeholders to measure …
What Is the Acid-Test Ratio in AR? How to Calculate It? Read More »
When it comes to analyzing a company’s financial health, liquidity ratios are an essential aspect to consider. It measures a firm’s ability to pay off its short-term obligations, which includes its current debt and liabilities. One of the most commonly used liquidity ratios is the acid-test ratio or quick ratio. This ratio is calculated by …
Finding the right accounting software for your trucking business can seem daunting but choosing the right one will save time and money in the long run. We must keep our personal finances and business finances completely separated. Blending personal and business expenses hinders accurate tracking of profitability. The mobile app is well designed, intuitive and …
Bookkeeping for Truck Drivers B&J Bookkeeping and Taxes Read More »