XYZ Inc.’s current ratio is 0.68, which may indicate liquidity problems. Clearly, the company’s operations are becoming more efficient, as implied by the increasing cash balance and marketable securities (i.e. highly liquid, short-term investments), accounts receivable, and inventory. In other words, it is defined as the total current assets divided by the total current liabilities. […]

The amount that can be deducted depends on the type of plan and the individual’s income. Retirement-plan contributions can be a valuable tax deduction for businesses, allowing owners and employees to save for retirement while reducing tax liabilities. By deducting education and training expenses, you can invest in your people and improve their skills and […]