Value added refers to the economic value created by a business or organization. It is calculated as the difference between the sales revenue and the cost of goods sold (COGS).…
Vertical analysis, also known as common-size analysis, is a financial technique used to assess the relative importance of various…
Turnover, in the context of finance and business, refers to the rate at which a company’s assets or inventory…
Tax brackets are a system used by governments to determine the amount of income tax owed by individuals or…
A solvency ratio is a financial metric that measures a company’s ability to meet its long-term obligations. It is…
A sinking fund is a special account established to accumulate funds for the repayment of debt. It is typically…
Seed capital refers to the initial funding provided to a newly established business or startup company. It serves as…
In the business, raw materials refer to the unprocessed or minimally processed natural resources used as primary inputs for…
In the business, a sector is a distinct segment of the economy that comprises businesses and industries with similar…