Total Liabilities V/s Current liabilities Total Liabilities V/s Current liabilities refer to all the debts and obligations a company owes, including both current and long-term liabilities. Current liabilities, on the other hand, are debts that are due and payable within a short period of time, typically one year or less. Some examples of current… Read More »
Is net turnover the same as net profit No, net turnover and net profit are not the same. Net sale refers to the total revenue generated by a business after deducting any discounts, returns, and allowances. It represents the total amount of sales made by a business during a particular period. To visit: https://www.incometax.gov.in On… Read More »
Relationship between QA and CA Quick assets are those current assets that can be easily converted into cash, such as cash, marketable securities, and accounts receivables. Current liabilities, on the other hand, are those obligations that are due within one year. Such as accounts payable, short-term loans, and accrued expenses. The relationship between quick assets… Read More »
Net revenue and Gross profit Net revenue and gross profit are both important financial metrics that used to measure the financial performance of a business. However, they represent different aspects of a company’s financial picture. Net revenue is the total amount of revenue earned by a business after deducting any discounts, returns, and allowances from… Read More »
Capital Employed and Working Capital Capital Employed and Working Capital are two important financial metrics used to measure a company’s financial health, but they represent different aspects of a company’s finances. For more information visit this site: https://www.mca.gov.in Capital employed refers to the total amount of capital invested in a company to generate its operating… Read More »