Profitability Indicator Ratios: Introduction
Profitability ratios are of utmost importance for a concern. These ratios give users a good understanding of how well the … Read more
Finance
Cash Ratio
What is Cash ratio Cash Ratio is the ratio of a company’s cash and liquid assets to its current liabilities. … Read more
Quick Ratio Formula With Examples, Pros and Cons
The quick ratio, also known as the acid-test ratio, is a financial ratio used to measure a company’s short-term liquidity. … Read more
Liquidity Measurement Ratios: Introduction
If it is decided to study the liquidity position of the concern, then liquidity ratios are calculated. These ratios are … Read more
Current Ratio
What is Current Ratio? Current Ratio is the most widely used ratio. It compares a firm’s current assets to its … Read more
Difference Between Cost Accounting And Management Accounting
Cost accounting and Management accounting both have the same objectives of helping the management in planning, control and decision making. … Read more
Zero Base Budgeting
Zero Base Budgeting Zero base budgeting (ZBB) is a method of budgeting in which all expenses must be justified for … Read more
Budgetary Control
What is Budget: A formal statement of the financial resources set aside for carrying out specific activities in a given … Read more
Difference between Fixed Budget and Flexible Budget
The following are the main difference between fixed and flexible budget. Difference between Fixed Budget and Flexible Budget Fixed Budget … Read more
Difference between Budget and Forecast
Budgeting and Forecasting are two important constituents of managerial decision making process and refer to the anticipated actions and events … Read more