Fixed assets and working capital combined make up the major resources used by businesses to generate income. The ability of a company to use these resources efficiently directly affects profitability.
The balance sheet provides a look at a business at a snapshot in time, often at the end of a quarter or year. In some cases, the accounts on the balance sheet -- assets, liabilities, and equity -- can ...
Calculating your adjusted tangible net worth (ATNW) provides you with a snapshot of your business finances as they stand for the current fiscal year or quarter. This is done in a net worth statement, ...