All posts by Devaki Antherjanam

Industries that rely on a high volume of purchases and frequent payments to their suppliers can benefit significantly from a high Accounts Payable Turnover Ratio. A high Accounts Payable Turnover Ratio can help them maintain good relationships with their suppliers and obtain better terms, discounts, and payment flexibility. Let us understand the different turnover ratio […]

Revenues and expenses are often reported on the balance sheet as “net income.” Service companies do not have goods for sale and would thus not have inventory. Before we explore how to analyze transactions, we first need to understand what governs the way transactions are recorded. Textbook content produced by OpenStax is licensed under a […]