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0 comments July 10, 2024

Current Ratio Explained With Formula and Examples

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. […]

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0 comments July 10, 2024

What Are Expenses in Accounting? Variable & Fixed Explained

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 […]

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0 comments July 10, 2024

Charity Auditors Not For Profit Accountants

Our expert accountants for small businesses take the helm to simplify and streamline your VAT process, ensuring accuracy and compliance with HMRC regulations. Tell us about your business and we’ll send you a list of Bookkeepers in Manchester to review. Take our 2-minute survey to find out if outsourced accounting and bookkeeping is a good […]

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