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Showing posts from December, 2022

What are current liabilities

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  Current liabilities are obligations due to be paid within one year or within the company's operating cycle, whichever is longer. They are typically recorded on the balance sheet under the heading " Current Liabilities ". Examples of current liabilities include:   ·   Accounts payable :  amounts owed to suppliers for goods or services that have been received but not yet paid for   ·   Accrued expenses :  expenses that have been incurred but not yet recorded or paid, such as salaries and taxes   ·   Short-term debt :  loans and other borrowings that are due to be repaid within one year or the operating cycle   ·   Dividends payable :  amounts owed to shareholders as a result of the declaration of dividends   ·   Customer deposits :  amounts received from customers as a deposit on goods or services that have not yet been delivered Here are some FAQ's on current liabilities to make the ...

What It is EBITDA and How It Can Help Your Business!

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What is EBITDA-  it is an important financial concept that can help you better understand the performance of your business. Whether you’re a seasoned business owner or just starting out, it pays to have a basic understanding of   What is EBITDA , how it works, and how to use it to evaluate your business. In this blog post, we’ll dive deep into all the ins and outs of EBITDA and show you how to use it to get the most out of your business. What is EBITDA? At its core, EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company’s profitability and is widely used by investors, lenders, and analysts to evaluate a company’s performance. EBITDA is calculated by subtracting costs such as interest, taxes, depreciation, and amortization from a company’s earnings. By subtracting these costs, you can get a better picture of a company’s true financial performance. EBITDA is often used to compare companies of different sizes and in...